Issue Position: A Pro-Growth, Pro-Family Tax Plan for the New American Century

Issue Position

My tax plan can be summed up in one word: simple. The core of my plan is to simplify the tax code and cut taxes dramatically. This plan will make America competitive on a global scale to encourage investment and innovation here at home. The result -- better paying jobs for hard-working Americans.

How?

* Consolidate the many existing income tax brackets into two simple brackets--15% and 35%.
* Eliminate or reform deductions, especially those that disproportionately benefit the privileged few at everyone else's expense.
* Eliminate the marriage penalty.
* Level the playing field for working parents by augmenting the current child tax credit of $1,000 with an additional $2,500 credit, applicable against income taxes and payroll taxes.

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