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Rubio wants a tax code revolution

Marco RubioMarco Rubio
Republican presidential candidate Sen. Marco RubioPhotograph by Christian K. Lee — AP

In the list of potential issues to base your presidential campaign on, the tax-code may be one of the least sexy options available. Florida Senator Marco Rubio, though, seems to be making that one of the centerpieces of his fight for the Republican nomination.

“Henry Ford once said, ‘If I had asked people what they wanted, they would have said faster horses.’ ‘Faster horses’ is exactly the mindset in Washington today,” Bloomberg reported Rubio as saying. “Our government is led by people who would rather tweak the current status quo than revolutionize how we do things.”

Rubio’s plan would involve cutting the corporate tax rates and getting rid of taxes on things like capital gains and estates. Bloomberg notes that this is actually not as revolutionary as some of of the plans celebrated by his rivals, like the flat-tax plan favored by Rand Paul and Ted Cruz; in a flat tax, everyone pays the same marginal tax rate, regardless of their income level.

In the latest Real Clear Politics poll average, Rubio was coming in at 7.3% support, behind Scott Walker, Ben Carson, Jeb Bush and Donald Trump.