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Freedom empowers ordinary people to do extraordinary things, and that is what makes America an exceptional place. In order to open the possibility of a second American Century and unlock a new era of success, progress, and prosperity, we advance the American Free Enterprise Bill of Rights.
American Free Enterprise Bill of Rights
PRINCIPAL 5: Tax Policy must be simple, fair, and affordable.
1
The tax system must be fair and rates low in order to encourage and incentivize business to take responsible risks, make investments, and contribute to economic growth.
2
Complexity in tax policy unfairly advantages entrenched interests and disincentivizes innovation and competition.
3
Taxes should be predictable.
4
Entrepreneurs should not be taxed on gains that are reinvested in new ventures.
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