Ted Cruz
Republican

Ted Cruz's policies onTaxes

Remove the current tax penalty on American businesses that earn profits abroad, encouraging those businesses to bring profits home

Removes the current tax penalty on American businesses that earn profits abroad, encouraging those businesses to bring profits home. Businesses will flock to America rather than keep money abroad or move overseas to escape high tax rates – and jobs and growth will come home with them. Under the Simple Flat Tax, U.S. businesses could return their overseas profits to American soil for a one-time 10 percent repatriation fee.

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