Marco Rubio Has Lots of Ideas, but Few Legislative Victories
WASHINGTON, DC - MARCH 4, 2015: Senators Marco Rubio (R-FL) and Mike Lee (R-Utah) during a news conference to introduce their proposal for an overhaul of the tax code, on Capitol Hill in Washington, March 4, 2015. One part of their plan proposes to reduce seven tax brackets for income tax to two: 15 percent and 35 percent.
Photographer: Drew AngererU.S. Senator Marco Rubio built upon his reputation as one of the Republican Party’s top thinkers on Wednesday, as the potential presidential candidate outlined a plan to rewrite the U.S. tax code to include new breaks for families and lower rates on business income. But parents and job creators might not want to adjust their budgets quite yet.
The plan, written with fellow Republican Senator Mike Lee of Utah, appears more likely to be given airtime in Rubio’s stump speeches than in congressional committees that oversee tax law. That’s because while Rubio and Lee presented the plan with charts, bullet points and color photos, its debut contained no actual legislation needed to change current law.