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Apr 15

The Case for the Lee-Rubio Tax Reform Plan

Senators Mike Lee (R-UT) and Marco Rubio (R-FL) recently released a tax reform plan. The business side of the plan would reduce marginal tax rates, permit full and immediate deduction of capital expenses, eliminate the double taxation of corporate income, make interest neither taxable nor deductible and move to a territorial tax system. This business tax reform would dramatically improve economic growth and the real incomes of most Americans. It is a valuable model for how Congress should approach business tax reform. The individual side of the plan would repeal most itemized deductions, moderately reduce tax rates for many taxpayers and substantially expand the child tax credit.

Join us as Senators Lee and Rubio make the case for their tax reform proposal.

More About the Speakers

The Honorable Mike Lee (R-UT)
United States Senator

The Honorable Marco Rubio (R-FL)
United States Senator

Moderated by
David R. Burton
Senior Fellow, Economic Policy, Institute for Economic Freedom and Opportunity, The Heritage Foundation

Hosted By

Jim DeMint Jim DeMint

President Read More