Changes

**Levies the 14.5% tax on revenues minus allowable expenses, such as the purchase of parts, computers and office equipment

**Immediately expenses all capital purchases, ending complicated depreciation schedules

"President Obama talks about “middle-class economics,” but his redistribution policies have led to rising income inequality and negative income gains for families. Here’s what I propose for the middle class: The Fair and Flat Tax eliminates payroll taxes, which are seized by the IRS from a worker’s paychecks before a family ever sees the money. This will boost the incentive for employers to hire more workers, and raise after-tax income by at least 15% over 10 years." [https://www.randpaul.com/issue/taxes (RPW-TR)]

"Polls show that “fairness” is a top goal for Americans in our tax system. I envision a traditionally All-American solution: Everyone plays by the same rules. This means no one of privilege, wealth or with an arsenal of lobbyists can game the system to pay a lower rate than working Americans." [https://www.randpaul.com/issue/taxes (RPW-TR)]

==='''Distrust of IRS'''===