Ted Cruz Is New Winner in Richie Rich Tax Contest

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Hooray! The Tax Policy Center has analyzed Ted Cruz’s tax plan, which means we now have data for all of the top four Republican candidates: Donald Trump, Jeb Bush, Marco Rubio, and Cruz. Click the links for details. Or just look at the charts below for the nickel summary.

Folks, Ted Cruz is killing it. The other guys are touting tax plans that give paltry income gains to the middle class and big income gains to the rich. Cruz gives the usual paltry sop to the middle class, but incomes of the rich would skyrocket 26 percent under his plan. 26 percent! That’s what I call a tax plan.

Trump is still the winner in the budget-busting contest, but Cruz is close. His plan would increase the deficit $8.6 trillion over ten years. Overall, I have to say that Cruz is bringing his A game. If you calculate his Richie Rich Index™—percentage deficit increase plus percentage income increase for the rich—Cruz clocks in with a score of 87.4, beating out Trump by a hair. Congratulations, Ted.

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We've never been very good at being conservative.

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This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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