Monday, February 15, 2016

Cruz, Rubio, Bush defend tax proposals

Cruz, Rubio, Bush defend tax proposals-thehill: GOP presidential candidates Ted Cruz, Marco Rubio and Jeb Bush all defended aspects of their tax proposals during Saturday’s debate South Carolina in response to critical questions. Cruz, a senator from Texas, was asked by CBS chief White House correspondent Major Garrett how he would make sure his proposed 16 percent consumption-based value-added tax (VAT) would not become “an escalator of taxation to feed government spending.” Garrett noted that conservatives have been resistant to this type of tax, which exists in Europe, for this reason.