As Washington pads Wall Street’s pockets, hardworking Americans get left behind. My tax plan will change that.https://t.co/Glx3IZoC83

— Ted Cruz (@tedcruz) March 25, 2016

“…Presidential candidate Ted Cruz’s tax proposals, which include cutting taxes for most individuals and replacing the corporate income tax with a flat 16 percent business tax, would reduce federal revenue by $8.6 trillion over a decade and “almost surely depress the economy over the long run,” according to a policy study and its authors.

Cruz’s plan would benefit wealthy taxpayers “dramatically” and raise taxes slightly for some people in the bottom fifth of low-income taxpayers, according to the report by the Tax Policy Center, a research group in Washington, D.C. The center is a joint project of the Urban Institute and the Brookings Institution.
http://www.bloomberg.com/politics/articles/2016-02-16/cruz-s-tax-plans-seen-aiding-wealthy-costing-8-6-trillion