Public statements, interviews, reporting, and official sources behind this topic.
Researching public statements, interviews, and reporting…
Sources behind this position (3)
Tax Policy Center
2016 proposal: independent revenue estimate
Tax Policy Center projected $6.8 trillion less revenue over ten years without growth effects, with high-income households benefiting most. This was an estimate, not an outcome.
Rubio proposed a 25% business rate, immediate investment expensing, territorial taxation, and ending business interest deductions in his 2016 campaign.
The original 2015 Rubio–Lee proposal had two individual brackets, 15% and 35%, and a 25% business rate. It differed from Rubio’s later three-bracket campaign plan.