Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Rand Paul released his tax proposal...I am more impressed than I was already!?

Update:

ELIMINATE the current tax code and replace it with a 14.5% flat tax--no deductions, credits or loop holes! I think there is deduction for mortgage and a couple other items.

Reduce the corporate tax rate to 14.5%, but no deductions, credits or loop holes!

The best concept is one that I never considered...if the code is simplified, politicians CANNOT hide political favors within!

I most want to hear from Democrats-if you would oppose this, WHY??

Update 2:

Keep in mind, this is a PROPOSAL and a FOUNDATION from which to start.

6 Answers

Relevance
  • Anonymous
    6 years ago

    Good for you. I don't see a question up there, nor a link to this great proposal.

  • Anonymous
    6 years ago

    Too late. Hillary came up with the same proposal 2 weeks ago.

    At least we know that the two are on the same page.

    http://www.reuters.com/article/2015/06/13/us-usa-e...

  • ?
    Lv 6
    6 years ago

    All would be impressed should it be more than a proposal.

  • Bug
    Lv 7
    6 years ago

    Paul is protecting the already-wealthy at the expense of the poor.

    No surprise there.

  • How do you think about the answers? You can sign in to vote the answer.
  • 6 years ago

    A flat tax is regressive.

  • 6 years ago

    His proposal is nonsense.

Still have questions? Get your answers by asking now.