Republican candidate Carson pushes 14.9 percent flat tax on income

[Eugene]

Source: Reuters

Personal Finance | Mon Jan 4, 2016 10:00am EST

Republican candidate Carson pushes 14.9 percent flat tax on income

WASHINGTON

U.S. Republican presidential candidate Ben Carson released a plan on Monday to replace the current income tax code with a uniform 14.9 percent tax rate, saying it would help lift Americans out of poverty and was more in line with the U.S. Constitution.

Carson's plan also eliminates taxes on capital gains, dividends and interest income, according to an outline released on his campaign website. It also abolishes the so-called the death tax - taxes imposed on the value of a deceased person's estate before distribution to heirs.

In an interview on Fox News, Carson said his "Prescription for Growth" plan would impose a flat tax rate on all income that "applies to everyone across the board," with the exception of Americans living close to or below the poverty level.

"There's nobody who doesn't pay something," said Carson, a retired neurosurgeon who is one of 12 Republican candidates vying for the party's nomination ahead of November's election.

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Read more: http://www.reuters.com/article/us-usa-election-carson-idUSKBN0UI1FT20160104

[uriel1972]

1. Not this regressive crap again...

Look who's smiling and follow the money.

[CTyankee]

3. I guess he thinks no one can figure out how regressive it is.

He's on the skids now so I won't rant about how some people fall for this kind of shit all the time. Hopefully, we'll not hear from him again after he's eliminated from the next debate and will fade away into oblivion where he belongs.

[Angry Dragon]

2. this is the same man that believes the pyramids were grain silos

glad to see that he thinks the wealthy pay too much already

[JustABozoOnThisBus]

4. Nine! Nine! Nine!

No wait, that was a different election cycle.

[tabasco]

5. Insanity and utter injustice.

This tax "plan" would result in revolution.

[apnu]

6. "eliminates taxes on capital gains, dividends and interest income"

So the 1% pay zero tax and the poor will get a tax hike.

Fuck you Ben, fuck you.