Push two-rate individual tax, 18% corporate rate, and repeal Inflation Reduction Act tax/green provisions
Mandate’s intermediate tax reform: 15%/30% individual rates eliminating most preferences; 18% corporate rate; 15% capital gains/dividends; full expensing and capital-gains inflation indexing; repeal IRA book minimum tax, stock-buyback excise, coal/Superfund-related taxes, drug-price excise leverage, and green-energy credits in Subtitle D.
Mandate
Mandate Ch. 22 (Treasury) — Intermediate Tax Reform: simple two-rate individual system of 15% and 30% eliminating most deductions/credits/exclusions; corporate rate reduced to 18%; capital gains and qualified dividends at 15%; immediate expensing and inflation indexation of capital gains; repeal all tax increases in the Inflation Reduction Act and recently passed green-energy subsidies in Subtitle D.
Undo plan
1) Defend progressive rate structure and revenue for appropriated priorities.
2) Preserve IRA climate/health tax instruments Congress enacted unless replaced with equivalent policy.
3) Require distributional and deficit analyses before rate cuts.
4) Block base-broadening that quietly strips middle-class credits without offsets.
5) Verify: JCT scorecards and taxpayer impact tables.