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WATCH! No more payroll tax? Cruz releases video of Flat Tax proposal
Ted Cruz Flat Tax video (screenshot)
“If, from the more wretched parts of the old world, we look at those which are in an advanced stage of improvement, we still find the greedy hand of government thrusting itself into every corner and crevice of industry, and grasping the spoil of the multitude. Invention is continually exercised, to furnish new pretenses for revenues and taxation. It watches prosperity as its prey and permits none to escape without tribute.” Thomas Paine: Rights of Man, 1791
“It might be demonstrated that the most productive system of finance will always be the least burdensome.” –Alexander Hamilton, The Federalist, on the new constitution, written in 1788
Ted Cruz released a video explaining his flat tax plan, which would effectively abolish the Internal Revenue Service (IRS). The 70,000 page tax code, the payroll tax, the death tax…gone, gone, gone! Contrast this to Donald Trump, who has pledged not to cut government services and who has repeatedly sworn to punish companies with burdensome taxes if they want to leave the country.
The goal should be to encourage businesses to thrive by removing burdensome taxes and stifling regulations.
It is no secret that establishment democrats and republicans use taxes strategically as weapons to punish what they deem to be bad behavior (such as the “sin” tax on cigarettes) as an excuse to get more of your money, and for bribes to get votes. The federal government also bribes the states with (your) money regularly in order to make the states beholden to the federal government (this is how indoctrinating social engineering programs such as Common Core are imposed on American children).
Cruz’s simple flat tax is a stark contrast to the using-taxes-as-a-punishment policy Trump proposed in Rochester, New York this past week as reported at the Washington Post:
When he took the stage, Trump recited numbers of job losses in Rochester, naming individual companies that he would “hit with a 35 percent tax” until they agreed to return and create jobs.
“I will bring it back so fast,” he promised. “Your head will spin.”
As reported at New York’s Democrat & Chronicle, Trump “went after SentrySafe, whose parent Master Lock Co. announced last June it would close its Linden Avenue plant this year and send those 350 jobs to Nogales, Mexico, and Wisconsin.”
“If they know they’re going to pay a 35 percent tax, they’re not moving folks,” Trump said.
This is not the first time Trump has “gone after” business.
Byron York wrote at the Washington Examiner in February,
“Trump railed against pharmaceutical companies. He railed against oil companies. And insurance companies. And defense contractors. And he set himself against a political system that he said allows big-money corporate ‘bloodsuckers’ to control the government with campaign contributions.”
Trump’s solution was “to allow the government to negotiate drug prices — a common position among Democrats but rarely heard at nominally Republican events.” He also said he would “not raise military spending, arguing that the nation’s defenses can be improved without increasing its already huge Pentagon budget,” and further “promised tough sanctions on American companies that move jobs overseas.”
As president, Donald Trump has no such authority under the Constitution. But then again, Donald Trump also believes that the federal government’s role is to provide education, healthcare and “really great neighborhoods.”
Watch the video for Ted Cruz’s flat tax proposal:
Caleb Howe of Red State observed that Cruz’s proposal:
“…[is] an appeal to the actual conservative and Republican set of values the party supposedly embraces, such as limited government, reducing the burden of government on citizens, and necessarily, an increase in individual liberty and freedom.”
Back in November, Cruz discussed his flat tax plan with Fox’s Megyn Kelly. Cruz said that his plan would:
“[take] government power out of Washington and it also ends the cronyism. It ends government picking winners and losers…” [emphasis added]
Listen starting at around the 4:27 minute mark:
During a speech in Rochester over the weekend, Donald Trump said that Cruz would let companies move out of the country “no problem,” but Trump on the other hand would say, “No, no, no…they’re going to pay their 35% tariff…”
As observed at Red State, “a 35% penalty would simply put the company out of business.”
Watch starting around the 14:47 minute mark:
Trump’s assertion that he can be the king of taxing industry as president was challenged here:
One gets the sense that Donald Trump resents the mere idea that he would have to conform to the restrictions set forth on the executive office by what should be the highest binding law of the land, and that is the Constitution.
An interesting aside, way back in 1999, speaking of a one-time tax of the wealthy in order to pay the national debt, Donald Trump said as reported at CNN:
“By my calculations, 1 percent of Americans, who control 90 percent of the wealth in this country, would be affected by my plan,” Trump said.
That comment is reminiscent of class-warfare taught by Marxist university professors everywhere.
One major difference between constitutionalists and socialists is that the former believe as the founders did, in “limited government,” meaning the federal government has no power other than what is specifically granted to it in the Constitution. The power lies in the states. Socialists, on the other hand, believe in BIG government.
The Constitution was designed specifically to limit government with a deliberate, obsessive focus on checks and balances, or enumerated powers, in order to prevent one group or individual from imposing tyranny on others.
Trump, on the other hand, told CNN’s Wolf Blitzer that “getting along” was the “purpose of what the founders created.”
Ted Cruz’s tax plan can be found here.
Get Trevor Loudon’s NEW book: Barack Obama and the Enemies Within
Source: http://www.trevorloudon.com/2016/04/watch-no-more-payroll-tax-cruz-releases-video-of-flat-tax-proposal/
