Gary Johnson has a tax plan that makes Donald Trump’s plan look left wing. Johnson wants to eliminate the income, capital gains, payroll, and estate taxes completely and replace them all with a flat 23% national sales tax:
Balance the federal budget now, not 15 years from now, not 20 years from now, but now. And throw out the entire federal tax system, replace it with a Fair Tax, a consumption tax, that by all measurements is just that. It’s fair. It does away with corporate income tax. [That would] create tens of millions of jobs in this country.
This flat tax significantly lowers taxes on the wealthy and significantly raises taxes on more than seventy five percent of Americans. It also completely eliminates Social Security and Medicare. Be careful whom you embrace for President. Gary Johnson is nuts.