![]() ![]() Ted Cruz’s plan to have a flat tax rate of 10 percent for individuals and 16 percent for businesses, replacing the corporate income tax.įormer state Rep. “Simplifying the tax code doesn’t mean adding more exemptions, it means having fewer and lowering the tax rates for everybody so it’s simpler and fairer.”īrady referenced presidential candidate and U.S. “America has the worst tax code in the world, and I’ll advance a pro-growth tax code that guarantees our local businesses can compete and win whether it’s on Main Street or around the world,” Brady said. House Republicans will advance tax reform this year to be ready for a Republican president.”īrady, who is chairman of the powerful, tax-writing Ways and Means Committee, said he’s leading “the first real tax simplification since President Reagan achieved it in the 1980s.” “The Fair Tax is one of the proposed tax reform plans I’ll spotlight, along with the Flat Tax and Reagan-style reform. ![]() “Our GOP presidential candidates and conservatives in Congress have other good ideas as well,” Brady said. Kevin Brady, R-The Woodlands, has been a sponsor of the Fair Tax bill in the past, although the current political climate made it impossible to pass so far. You push for the FairTax and everything else comes off the table.” “This is a stand that needs to be made, the IRS and the income need to be done away with to allow true economic freedom in our republic. “… It always seems that the conservative message is the one never followed and our freedoms are slowly compromised away,” McMichael said. McMichael said he’s seen the “horrible effects of compromise” at the federal level. “It is time for the FairTax and to end the IRS.” “I have always been in favor of the FairTax the current tax code is progressive in nature and stands against everything our constitutional republic was supposed to protect,” said Craig McMichael, who is one of three people challenging incumbent Kevin Brady in the March 1 Republican primary. The Fair Tax acts that have been introduced in Congress would set the national sales tax rate at 23 percent. In general, the plan works by eliminating the entire existing tax code and the IRS. representative enthusiastically support a national sales tax, commonly known as the Fair Tax. ![]()
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