Ted Cruz wants to eliminate the Department of Commerce, the Department of Energy, the Department of Education, and HUD. Big deal. Even if he could do it, all it means is that all their functions would get divvied up among other departments. Wake me up when Cruz tells us what actual programs he’d eliminate.
But Cruz also thinks he can eliminate the IRS. Or, in any case, “the IRS as we know it.” Has anyone asked him just why he thinks this? His tax plan still has a 10 percent income tax. It has a standard deduction. It has a child tax credit. It has an EITC. It includes a charitable deduction. It includes a home mortgage deduction. And there’s a business VAT to replace the corporate income tax. So who’s going to oversee and collect and audit all this stuff? Tax fairies?
And while we’re at it, I’m still waiting to hear more about Carly Fiorina’s three-page tax code. Can’t we at least see a rough draft?