One of Senator Rand Paul’s campaign promises is to create a 14.5% flat tax for both individuals and businesses if he becomes president. Paul says he’ll get rid of the payroll tax which businesses will then pay, and though his tax proposal does bring in less revenue for the government, he says it will leave more money in the economy.
He says there’s one more advantage to his flat tax plan.
When asked why his tax plan is be better than a consumption tax Paul has this to say.
Senator Paul made his remarks during a campaign stop in Carroll late last week.
