Ted Cruz's VAT Is A Dangerous Gamble – ValueWalk Premium
Ted Cruz

Ted Cruz's VAT Is A Dangerous Gamble

Ted Cruz's VAT Is A Dangerous Gamble

The plan will not fix America's tax system

This is a very strange political season. Some of the Senators running for the Republican presidential nomination are among the most principled advocates of smaller government in Washington.

Yet all of them have proposed tax plans that, while theoretically far better than the current system, have features that I find troublesome. Marco Rubio, for instance, leaves the top tax rate at 35 percent . . .

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