Rubio

Ted Cruz’s Business Flat Tax is a VAT

At last night’s GOP debate, Senator Marco Rubio accused Ted Cruz of sneaking a value-added tax (VAT) into his tax reform plan. RUBIO: Here is the one thing I'm not going to do. I'm not going to have something that Ted described in his tax plan. It's called the value-added tax. And it's a tax you

January 14, 2016Leonard E. Burman

Campaigns, Proposals, and Reforms: TaxVox

Do Senators Lee and Rubio Have a Secret Plan to Help Poor Families?

In its analysis of the tax reform plan proposed recently by Senators Marco Rubio (R-FL) and Mike Lee (R-UT), the Tax Foundation assumed the proposal would make the new personal credit ($2,000 for singles and $4,000 for married couples) fully refundable. This assumption helps explain why the group

March 27, 2015Leonard E. Burman

Individual Taxes: TaxVox

“Family Fairness Tax Reform” is Hard on Poor Families

Senators Mike Lee (R-UT) and Marco Rubio (R-FL) made a big splash with their “ Economic Growth and Family Fairness Tax Plan ” last month, which among other things would create a new partially refundable $2,500 per child tax credit (CTC). The plan is ambitious and expensive, but it may hurt many low

March 19, 2015Leonard E. Burman