Jeb Bush Tax Plan

Could you be more specific? I'm a close observer of this stuff and a Rubio (and Kasich) supporter, and I haven't heard of anything like this. Do you mean mortgage interest for individuals or debt interest businesses pay?

EDIT: so I looked up Bush's tax proposal. I don't hate it, but I'm not a huge fan (it's kind of how I feel about Rubio's tax plan, although I'm a huge fan of Rubio). There are way too many moving parts to it. But I think you are talking about his plan to tax carried interest and to reduce itemized deductions for individuals, correct?

I do love his proposal to slash the corporate income tax to 20%.

My strong preference is for tax reform to look like this:

• 15% corporate income tax with full capital expenditure expensing
• 15% capital gains tax, both long- and short-term
• 15% flat tax with no deductions and with, say, the first $50,000 exempt
• Eliminate the payroll tax
• Repatriate overseas money by offering a one-time 10% tax penalty
• Tax carried interest at the ordinary income tax rate (which just so happens to be 15%, same as capital gains)
• Consider negative income tax (which would set some sort of minimum income), but this would be way too complicated to thrust into a campaign

Do smart people make things more simple or more complicated?