Part 1/8:
The Case for 15-15-15: A Tax Proposal that Could Transform the U.S. Economy
In a recent discussion with Steven Moore, co-founder of the Committee to Unleash Prosperity, the topic of tariffs and tax reform took center stage. Moore, who has consistently opposed tariffs, revealed that he had a candid conversation with former President Trump regarding a radical new tax proposal. Specifically, this proposal involves implementing a flat tax rate of 15% across various economic categories—personal income, corporate income, and foreign goods, framed as a "universal tariff." This transformative approach aims to simplify the tax structure while potentially unleashing unprecedented economic prosperity.