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Rand Paul Backs 14.5 Percent Federal Flat Tax
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18.06.2015
Republican U.S. presidential candidate Rand Paul is proposing that businesses and individual Americans pay a federal flat tax of 14.5 percent in a plan that would cut the government's tax revenue by more than $2 trillion over 10 years. Paul said the first $50,000 of income for a family of four would not be taxed and that for low-income working families, the plan would retain the earned-income tax credit. In an op-ed piece in The Wall Street Journal, Paul wrote that the current U.S.
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