Dr. Ben Carson’s 10% Flat Tax Plan

In an interview with FOX Business Network’s Stuart Varney, Dr. Ben Carson laid out his tax plan that is based on tithing.

Continue Reading Below

“It’s a model that I’m looking at. The proportionality model -- what could be fairer than that,” he said.  

He broke down how it would work.

“You make $10 billion, you pay a billion. You make $10, you pay one [dollar]. [Of] course I would get rid of all the deductions and all of the loopholes but here’s the key, people, they look at a guy who put in a billion dollars, he’s got $9 billion left, that’s not fair -- we need to take more of his money. That’s called socialism. And what made America … a great nation was we had a very different attitude. We would say he just put in a billion dollars, let’s create an environment  that’s even better for him so that next year he can make $20 billion and put in $2 billion. That’s how we went from nowhere to the pinnacle of the world in record time. And it’s growth, it’s not taking what’s there and dividing it up and making it smaller,” he said.

He said the flat-tax rate would remain revenue-neutral.  

“It would have to be somewhere between 10 and 15 percent, early on probably higher, over the course of time lower,” he said.

Continue Reading Below

He also discussed how his faith influences his policies.

“We spent over $19 trillion eradicating poverty. Has it worked? You know we have 10 times more people on food stamps, more poverty, incarceration, crime, broken families, out of wedlock births, everything that was supposed to get better is not only worse -- it’s much worse… What we do know that works is that [when] people take an interest in other people and they invest in them and personal relationships develop -- that’s what brings people out of poverty,” he said.

What do you think?

Click the button below to comment on this article.