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flat tax

Ted Cruz adds to GOP divide on how best to overhaul tax system

in 2017/Top Headlines by

In proposing the U.S. adopt a flat tax coupled with a levy similar to a European-style value added tax, Texas Sen. Ted Cruz is contributing to a division in the Republican presidential field. Some simply want to cut existing rates. But others — Cruz among them — suggest scrapping the nation’s tax code entirely and starting over from scratch. All the tax plans released by the Republican candidates to date would starkly reduce the amount of money Americans and U.S.…

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Congressional candidate Mary Thomas signs anti-tax pledge

in 2017/Top Headlines by

Congressional candidate Mary Thomas announced Monday she has agreed to abide by a “Taxpayer Protection Pledge” promoted by a conservative political group. In a release, Thomas touted the fact she is “the first, and to this point, only” candidate vying to replace Democrat U.S. Gwen Graham in Florida’s 2nd Congressional District to sign such a pledge. The Americans for Tax Reform-authored document reads as follows: “I pledge to the taxpayers of the state of Florida, and to the American people that I will: One, oppose any and all efforts to increase…

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