Is your stomach in knots today? Happy Tax Day!
Most folks I know find themselves engulfed in stress just when they should be enjoying the arrival of spring and the beauty it brings. In March and April families can actually feel the tension build as Tax Day approaches. Dads are grumpy, and moms are even grumpier. Where are those receipts? When can I find the time to read all the new tax codes? Why does the government take so much? Can we afford to hire an accountant? Can we afford not to? Why the heck should we have to? Will the IRS investigate or audit me if I make a mistake? You know the drill.
And then there are the small business owners (like me and probably you, or someone you know): we are slammed with a whopping 35 percent tax rate that is the highest corporate tax rate in the developed world. Let me say that again to let it sink in: small business owners in the good ol' USA pay a higher rate of taxes than in any other civilized nation. This is not only a disgrace, it is immoral. How can it be that decent hardworking American entrepreneurs are bludgeoned every year by our own government? The result, of course, is that we often can't afford to hire the employees we need. Nor are we able to invest as much money back into our businesses so that we might grow them. For young adults and others with great ideas who are itching to start their own ventures, the tax rate looming over them can be stifling. All the while we hear about the big corporate executives who dance through endless loopholes and often end up paying less in taxes than their secretaries. (Did I mention that this is all a disgrace and immoral??)
Just when you've had enough, enter Ted Cruz: The Tax Basher!
Under a Cruz administration, Americans will enjoy a "new birth of freedom" each Spring! Your family and our country will be in much better economic shape when the Cruz Simple Flat Tax Plan is a reality. The individual rate of 10 percent will not only liberate families from tax stress, but will so simplify the system that the IRS can be abolished. (For families who are struggling to make it, there will be no taxes at all if the income is less than $ 36,000 a year.) Imagine the day when your tax return is the size of a post card; or think about how easy it will be to file your return through an iPhone app. Revel in the thought of getting to keep more of the money you earn by the sweat of your brow. Do a little jig as you consider that the IRS will be history!
For small business owners and large corporations alike, there will be a new Business Flat Tax rate of 16 percent. Gone will be the complex, unfair corporate income tax structure that favors big business. There will be no loop holes. No payroll taxes. No death tax. No sweat. The antiquated, unfair, burdensome system will be replaced with a modern, simplified, streamlined process that is, for the first time, equitable.
And get this: The nonpartisan Tax Foundation calculated that the Cruz Simple Flat Tax Plan will spur national economic growth and that every income level will enjoy a double digit increase in after-tax income. (Wouldn't you like a double digit increase in your income?) An estimated 4.9 million new jobs will be created, and average wages will see a 12.4 percent increase over the next decade. And think of the hundreds of millions of dollars in savings our federal budget will see when a stake is driven into the evil heart of the bureaucratic beast that is the IRS! You can read all about this marvelous plan at www.TedCruz.org (https://www.tedcruz.org/tax_
So, as you slap the stamp on the envelope to mail that awful tax return by midnighttonight (or file that extension, yet again), do so with a song in your heart. The end is in sight! Go to TedCruz.org and print the image of the sample Cruz post card tax form and tape it to your mirror - and hand out a copy to everyone you know. Let it be a joyous reminder that you can kiss IRS-stress goodbye and welcome Spring with open arms when Ted Cruz is our president.