Difference between revisions of "Ted Cruz"
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[https://www.tedcruz.org/ Campaign Website] | [https://www.tedcruz.org/ Campaign Website] | ||
| − | ==Tax | + | ===Repeal Tax Code and Institute a "Flat Tax Policy=== |
Tax Reform plans | Tax Reform plans | ||
| − | *Wants to institute a "simple flat tax policy" | + | *Wants to institute a "simple flat tax policy" |
| − | **Up to 36,000 dollars in untaxed income for a family of four | + | **Up to 36,000 dollars in untaxed income for a family of four (TCWTR) |
| − | **A flat 10% tax rate for all individuals exceeding the income cutoff | + | **A flat 10% tax rate for all individuals exceeding the income cutoff (TCWTR) |
| − | **An additional flat 16% "business tax" that effectively acts as a value-added tax | + | **An additional flat 16% "business tax" that effectively acts as a value-added tax (TCWTR) |
| − | **Child Tax Credit and deductions for mortgage interest payments will remain in effect | + | **Child Tax Credit and deductions for mortgage interest payments will remain in effect (TCWTR) |
| − | *" | + | *""I am campaigning on a flat tax that would allow every American to fill out his or her taxes on a post card [or iPhone app] that allow us to abolish the IRS."(WE) |
| − | *Supports elimination of other taxes such as the Inheritance Tax, Overseas Profit Tax, Alternative Minimum Tax, and any "Obamacare" taxes | + | *Supports elimination of other taxes such as the Inheritance Tax, Overseas Profit Tax, Alternative Minimum Tax, and any "Obamacare" taxes (TCWTR) |
==Jobs and Business Policy== | ==Jobs and Business Policy== | ||
Revision as of 17:18, 21 January 2016
Rafael Edward "Ted" Cruz was born on December 22, 1970 in Calgary, Alberta, Canada. He is of Cuban and Irish/Italian descent. He was raised in Houston, Texas and later went on to study Public Policy at Princeton University before attending Harvard Law School. He took on the role of private-practicing lawyer, advisor to the 2000 Bush campaign, and Solicitor-General for the State of Texas (2003-2008) before being elected to the United States Senate in 2012. Cruz played a major role in the government shutdown of 2013 that strained his relations with the Republican Party. He is now running for the GOP nomination for the 2016 presidential election. Cruz's polling numbers show strong support, and he is second only to Donald Trump. [1]
Contents
Repeal Tax Code and Institute a "Flat Tax Policy
Tax Reform plans
- Wants to institute a "simple flat tax policy"
- Up to 36,000 dollars in untaxed income for a family of four (TCWTR)
- A flat 10% tax rate for all individuals exceeding the income cutoff (TCWTR)
- An additional flat 16% "business tax" that effectively acts as a value-added tax (TCWTR)
- Child Tax Credit and deductions for mortgage interest payments will remain in effect (TCWTR)
- ""I am campaigning on a flat tax that would allow every American to fill out his or her taxes on a post card [or iPhone app] that allow us to abolish the IRS."(WE)
- Supports elimination of other taxes such as the Inheritance Tax, Overseas Profit Tax, Alternative Minimum Tax, and any "Obamacare" taxes (TCWTR)
Jobs and Business Policy
Health Policy
Health Initiatives
- Repeal Obamacare, open insurance markets across state lines, expand health savings accounts, delink health insurance from employment
