Tax Reform Basics

Statement

Today's Tax Codes favor large Corporations over small businesses. The large corporations have exploited the myriad of tax credits and loopholes that puts an unfair burden on small businesses.

My plan is to simplify the tax code for small businesses and large corporations while also attracting manufacturers back to the United States.

We need to lower our corporate tax rate to 22% to be more competitive with other industrialized nations. We can afford this by eliminating all tax credits and loopholes that our current convoluted tax codes allow.

It's simple and it's fair.

With "Income Inequality" eroding our economy, it is time to restructure capital gains tax for our seniors, middle class and working poor.

I propose implementing a stair-stepped reduction on capital gains tax based on income.
This will encourage more investment and savings for those who have not shared the same economic success as the top 2% income earners.

Our seniors have paid their fair share of taxes and it's wrong to tax them on investments when they are struggling to pay for daily needs.

Our seniors have paid their fair share of taxes and it's wrong to tax them on investments when they are struggling to pay for daily needs.

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