7. He wishes to reduce such tax burdens as much as possible.
In addition to eliminating the IRS, Paul has spoken in favor of instituting a flat tax of 17% (or perhaps even lower). His plan would also eliminate the estate tax and the alternative minimum tax, and capital gains, dividends and interest would also be tax free at the individual level. In the Senate, he teamed with Barbara Boxer (D-CA) to propose cutting taxes at the corporate level, therefore giving companies an incentive to bring their assets back into the country from offshore tax-havens. At CPAC in February, Paul promised to propose the largest tax cut in American history.
