I support the elimination of all capital gains tax. It is the most stifling and regressive of taxes, and does more to impede economic growth and contribute to economic stagnation than any other tax.

The gross receipts tax on food, medicine, medical treatment should be repealed immediately.

Gross receipts taxes on services should be phased out over a three-year period.

Income tax rates should be reduced across the board over a five-year period, with a maximum rate of 5% at the top bracket.