Skip to main content
  • Experts
  • Events
  • Briefing Book
  • Resources
  • About
  • Contact
  • Support
  • Fiscal Facts
Twitter
Facebook
RSS
Logo Site
  • Topics
    • Individual Taxes
    • Business Taxes
    • Federal Budget and Economy
    • State and Local Issues
    • Campaigns, Proposals, and Reforms
  • TaxVox Blog
  • Research & Commentary
  • Laws & Proposals
  • Model Estimates
  • Statistics
  • Features
Research report

An Analysis of Marco Rubio's Tax Plan

Elaine Maag, Roberton C. Williams, Jeffrey Rohaly, James R. Nunns
February 11, 2016
Download PDFPrint
Share

Primary tasks

  • Overview(active tab)
  • Full Report
  • Media Mentions

Abstract

Marco Rubio’s tax proposal would convert the federal income tax into a consumption tax by not taxing investment income of individuals and by converting the corporate income tax into a cash-flow consumption tax. It would replace most deductions and exemptions with a universal credit; eliminate estate taxes, the AMT, and all ACA taxes; and move the US to a territorial tax system. A new $2,500 child credit would aid families with children. Taxes would fall at all income levels, with high-income households benefiting the most. Revenues would decline by $6.8 trillion over a decade (assuming no change in economic growth).

Research Area

Campaigns, Proposals, and Reforms Presidential campaign proposals
To reuse content from the Tax Policy Center, visit copyright.com, search for the publications, choose from a list of licenses, and complete the transaction.

Meet the Experts

  • Elaine Maag
    Senior Research Associate
  • Roberton C. Williams
    Urban Institute Associate
  • Jeffrey Rohaly
    Senior Research Associate
  • James R. Nunns
    Urban Institute Associate
Research report

An Analysis of Donald Trump's Revised Tax Plan

James R. Nunns, Leonard E. Burman, Jeffrey Rohaly, Joseph Rosenberg
October 18, 2016
  • Donate Today
  • Topics
  • TaxVox Blog
  • Research & Commentary
  • Laws & Proposals
  • Model Estimates
  • Statistics
  • Privacy Policy
  • Newsletters
Twitter
Facebook
RSS
  • © Urban Institute, Brookings Institution, and individual authors, 2016.