At last night’s GOP debate, Senator Marco Rubio accused Ted Cruz of sneaking a value-added tax (VAT) into his tax reform plan. RUBIO: Here is the one thing I’m not going to do. I’m not going to have something that Ted described in his tax plan. It’s called the value-added tax. And it’s a tax […]
The presidential election is nearly a year away, but many candidates have already rolled out detailed tax reform plans. On the GOP side, we’ve seen proposals from Jeb Bush, Marco Rubio, Ted Cruz, and Donald Trump, among others.
Republican presidential candidates say they want to slash the tax code. It is too big, too complicated, and too laden with provisions to help special interests. They are right.
The GOP presidential debates highlighted some important tax policy contrasts among the candidates. One thought refundable credits are conservative economic policy while another did not.
The Tax Policy Center provides independent, non-partisan analysis of the tax proposals of candidates for public office. We describe our approach here.