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Ben Carson (Tax Reform) (view source)
Revision as of 17:30, 25 January 2016
, 17:30, 25 January 2016New page: Carson's Tax Reform (section page) ===Repeal the Entire Tax Code and Replace It With a True 14.9 Percent Flat Tax=== *"Everybody should pay ...
[[Ben Carson|Carson's]] [[Tax Reform]] [[Ben Carson (Tax Reform)| (section page)]]
===Repeal the Entire Tax Code and Replace It With a True 14.9 Percent Flat Tax===
*"Everybody should pay the same proportion of what they make. You make $10 billion, you pay a billion. You make $10, you pay one. You also have to get rid of deductions." (FOX)
*Tax all income at 14.9%, with "no deductions, tax shelters, or loopholes", applied only to those whose income exceeds 150% of the Federal Poverty Level
*Eliminate deductions for home mortgage interest, charitable giving and state and local taxes. Carson claims "the overwhelming majority of Americans do not benefit from these itemized deductions." (BCWTR)
*Eliminate Alternative Minimum Tax (BCWTR)
*Abolish the death tax (BCWTR)
===Repeal the Entire Tax Code and Replace It With a True 14.9 Percent Flat Tax===
*"Everybody should pay the same proportion of what they make. You make $10 billion, you pay a billion. You make $10, you pay one. You also have to get rid of deductions." (FOX)
*Tax all income at 14.9%, with "no deductions, tax shelters, or loopholes", applied only to those whose income exceeds 150% of the Federal Poverty Level
*Eliminate deductions for home mortgage interest, charitable giving and state and local taxes. Carson claims "the overwhelming majority of Americans do not benefit from these itemized deductions." (BCWTR)
*Eliminate Alternative Minimum Tax (BCWTR)
*Abolish the death tax (BCWTR)
