Would have two income tax brackets: 10 and 28 percent. Triple child exemption and retain other deductions; set 12 percent rate on capital gains and dividends; repeal estate tax; cut 35 percent corporate rate in half; cut rate to zero for manufacturers. Allow tax-free repatriation of overseas profits, if used for US plants and equipment.
Deficits and budget
Website boasts that he sponsored a balanced budget amendment and line-item veto early in Senate career. Opposes public-sector labor unions.
Jobs and growth
Social Security and safety net
Supports reforms such as raising Social Security retirement age. Championed welfare reform in Congress. Calls breakdown of family a key cause of US poverty.