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Marco Rubio and Mike Lee have cooked up the first great tax cut plan of the 21st century

Apr 8, 2015 | News

Welcome to the 21st century, GOP! A new tax plan just released by Sens. Mike Lee (R-Utah) and Marco Rubio (R-Florida) — the latter may soon announce a White House run — represents a long-overdue attempt to modernize the party’s stale, 1980s-era policy agenda. The blueprint might also be a big step toward persuading middle-income America that Republicans care about more than just the richest 1 percent.

They would immediately attack income stagnation for the middle-class. And they would transform the income tax code into a consumption tax code, which economists tend to agree would promote more investment and long-run economic growth. The highly influential anti-tax group Americans for Tax Reform said the plan is “what pro-growth looks like in the 21st Century.” So much for a tax-cut civil war on the right.

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