Jindal Proposes Tax Reforms

Louisiana Gov. Bobby Jindal today released his tax reform plan. As reported by The Advocate:

Bobby Jindal's national tax plan would make all Americans pay, eliminate corporate income tax

Louisiana Gov. Bobby Jindal is offering up a national tax plan that would eliminate the corporate income tax and make all Americans pay federal income taxes.

Jindal’s plan, which he unveiled while campaigning for president in Iowa on Wednesday, calls for people to be divided into three tax brackets -- the lowest at 2 percent -- and differs sharply from other plans put forth by his rivals for the GOP nomination.

“We simply must require that every American has some skin in this game,” Jindal said in a statement. “If we have generations of Americans who never pay any taxes, it will be very easy for them to turn a blind eye to absurd government spending and to continue to allow our government to bankrupt our nation.”

Read the full article here.