To me, there are four F's in a good tax system: it ought to be flatter, fairer, finite and family-friendly.

I support transitioning from the progressive tax to a flat tax system - both individual and corporate/business.

If we are to create tomorrow's jobs, we can't remain frozen in time in yesterday's tax system.

We can fight over what the taxation levels should be, but the tax system should be very, very simple and not distortionary.

What I'd like to do is continue a private sector, free market Main Street types of policies. And those include less regulation. They include a fairer, flatter tax system.

America's grossly unfair tax system won't lead to class war. Or, if it does, the war will be brief.