Issue Position: Reforming the Tax Code

Issue Position

I am a strong advocate of a Flat Tax system. Today's tax system is an accounting disaster that limits investment, taxes death, and hampers business. A flat tax would greatly simplify the tax system, improving the efficiency of American businesses. This is an especially timely issue that we cannot afford to postpone any longer. At the end of 2012, tax rates are scheduled to skyrocket. So this election will have an immediate impact on the events that follow it.

Let me give you an idea of what is in store for us. Each income tax bracket is set to rise 3 to 5%, the marriage penalty will return, child credits will drop, the capital gains tax will jump, the dividends tax will nearly triple, the death tax will rob inheritors of 55% of all capital over one million dollars, bracket creep will force millions of Americans into paying the Alternative Minimum Tax, charitable contributions will be slashed, and given the demands of ObamaCare this might only be the beginning.

When the government overtaxes our capital, they also drain our spirit. I want to protect the American spirit from a runaway bureaucracy and I believe that a flat tax is one of the best means of doing so.

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