4.2.2: Tax Simplification
Simplify the tax code by moving from six to two rates and lowering personal income tax rates to 10 percent and 28 percent
respectively and eliminating most deductions.
Other Information:
Instead of adding new taxes like President Obama has, I will fight to simplify the tax code by moving from six to two rates
and lowering personal income tax rates to 10 percent and 28 percent respectively and eliminating most deductions. This will
get us back to Reagan-era pro-growth tax rates. My goal is for the American economy to be growing at least 4 percent to 4.5
percent a year in my first term as president, more than double President Obama’s; by one estimate this would help create 10
million jobs in three years.
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