'We explode the code' - Rick Santorum's tax plan eliminates the IRS as we know it

A good friend to the program and 2016 presidential hopeful Senator Rick Santorum joined Glenn on the radio Tuesday to talk about his revolutionary tax plan he announced Monday.

Santorum said his tax plan will feature a flat tax on all income, without a value added tax, which is something he said differentiates his plan from Rand Paul's.

"It's a 20 percent income tax on all income. It's on individual income. 20 percent on corporate income. 20 percent, capital gains, dividends and interest. Everything is taxed at the same level," Santorum said.

He went on to describe how his plan would eliminate the IRS as we know it.

We explode the code. It's gone. There's no IRS as we know it. It's simple. I mean, there's -- there's the tax credit that I talked to you about. There's the deduction for home mortgages and for charitable donations.

The difference is, everybody can take that deduction, not just those who are high income. So everybody has this available to them. So it's really helpful for everybody to have this deduction. And that's it. No other exemptions. No other exclusions. Same thing with the corporate side. Nothing. No special energy provisions or any kind of things. All that -- all that stuff goes away. It's a very simple code. And it gets the IRS out of everybody's hair.

Listen to the full exchange or read the transcript below.

Below is a rush transcript of this segment, it might contain errors.

GLENN: A good friend of the program. A good friend and a very good man. 2016 presidential hopeful. The thing that made Pat fall in love with Rand Paul, I think, the love story may begin here with Rick Santorum. Because yesterday, he announced his tax plan, and it sounds similar.

PAT: Oh, nice.

GLENN: Welcome to the program, Rick Santorum.

RICK: Just a little better, I might add.

GLENN: A little better. I don't know. That's hard to beat.

RICK: Well, here's why I say it's better than his. Because -- well, his rate is 14.5 percent. It includes the value-added tax. Mine is at 20 percent, flat tax with no value-added tax. It has a tax on corporate --

GLENN: Hang on just a second.

PAT: Wait. I didn't know it included a value-added tax.

GLENN: Hold on just a second. He put a value-added tax on that?

RICK: Yeah.

PAT: I didn't know that.

GLENN: I had no idea.

RICK: Oh, yeah.

GLENN: Can you look that up, Stu? That's really bad.

PAT: At what percent? What percentage?

GLENN: Doesn't matter.

RICK: Fourteen and a half. That's how he's able to accomplish fourteen and a half because he does a value-added tax.

GLENN: He was doing 14 and a half and a 14 and a half VAT tax?

RICK: Yeah. Fourteen and a half income and fourteen and a half VAT.

PAT: That's like 29 percent.

GLENN: Oh, my gosh. That is really bad -- that's dishonest. That's dishonest. The way he presented that, I think that's dishonest.

RICK: Well, I think -- if you look it up, that's exactly what his, quote, business tax is, is value-added tax.

GLENN: Okay. Wait. Wait. That's business or that's income?

RICK: He has an income tax. He has what he calls a business-something tax. But it's a value-added tax. That's what it is.

PAT: Jeez.

GLENN: Okay. All right. So we'll look that up. We'll look that up.

PAT: Okay.

RICK: That's why mine is better. It's a 20 percent income tax on all income. It's on individual income. 20 percent on corporate income. 20 percent, capital gains, dividends, and interest. Everything is taxed at the same level. There's no playing around from one to the other. It is a powerful, you know, corporate tax reduction from 35 percent now down to 20 percent, with full expensing, which is really important, if you're going to encourage manufacturing in this country. Which, as you know, Glenn, I mean, that's been my passion for a long time, is to make sure that America can be number one in manufacturing again. And we'll have a tax code that's going to be as strong on manufacturing -- has a repatriotism provision to get that $2 trillion sitting overseas to come back to America. Invest it in plant and equipment here. You know, there is a guy in this race who is famous for saying you're fired. I want to be famous for saying you're hired. And that's -- this thing will -- this tax plan will explode the code. It's a single rate plan. There's no deductions. No special tax provisions. The -- we eliminate everything on the individual side, except every person gets a 2,750-dollar tax credit. So depending on how large your family is, multiple that by $2,750 for every person in your house. Get a credit off your taxes for every person in your house. It's pro-family. It's pro-growth. And it keeps the rates low, and that means growth high.

PAT: So you're talking -- Rick, you're talking run rate for everybody, including --

RICK: One rate for everybody.

PAT: Wow.

RICK: All income. All income is set to 20 percent. So there's no gaming. Oh, I can move this money here. Move this money there. It's all passed at the same right. Provides generous -- for the corporate side, this being able to write off capital, equipment, and buildings. You can expense the year -- so it's a very powerful incentive.

GLENN: Tell me about capital gains. Is that income?

RICK: Just a flat -- everybody pays a 20 percent capital gains tax.

PAT: Okay. So the capital gains would be 20 percent as well?

RICK: And we get rid of the marriage -- we get rid of the death tax. So there's no estate tax.

PAT: That's good.

RICK: Get rid of all the Obamacare taxes. And under our plan, obviously you want to get rid of Obamacare. If you look at how it's scored by the tax foundation, if you get rid of all the Obamacare taxes, as well as the Obamacare subsidies, it comes out over a ten-year period of time at actually increasing revenues over ten years by $600 billion. It does that, and it's while still increasing growth by 1 percent a year for ten years. So it will go from 2.3 to 3.3. We add another 3.2 million new jobs, above what's projected. And wages go up almost 1 percent a year.

GLENN: What happens to the IRS?

RICK: We explode the code. It's gone. There's no IRS as we know it. It's simple. I mean, there's -- there's the tax credit that I talked to you about. There's the deduction for home mortgages and for charitable donations.

PAT: Oh.

RICK: The difference is, everybody can take that deduction, not just those who are high income. So everybody has this available to them. So it's really helpful for everybody to have this deduction. And that's it. No other exemptions. No other exclusions. Same thing with the corporate side. Nothing. No special energy provisions or any kind of things. All that -- all that stuff goes away. It's a very simple code. And it gets the IRS out of everybody's hair.

GLENN: Okay. So I love this. From what I know -- then, again, I loved Rand Paul's until you just told me some things.

RICK: Sorry to burst your bubble there, Glenn.

GLENN: So I loved this. With one thing you said. And it's a red flag to me. And if we can get really geeky to me. Most people won't even think this way. But I believe, Rick, you and I believe that what the fed has done is just absolutely disastrous. You said you wanted to repatriot $2 trillion into the United States. That money comes flooding back into this system, and we could have hyperinflation. Are you concerned about that at all?

RICK: Well, I mean, there will be a tax on it. It's a 10 percent tax when you bring it back. Am I concerned that it will have economic growth that will cause inflation? Yes. Any time you have -- you know, we look at going from around 2 percent growth, to under our plan, about 4 percent growth, that's a concern. In there, we talk about sound money policy and obviously auditing the fed and putting the fed back on the course of being a -- a sound money fed, not a, you know, growing the economy fed, not a lowering unemployment fed.

GLENN: And how do you do that?

RICK: Well, I think part of it is who you appoint to the fed and the messages you send out. You know, that's -- that's the -- that's the leverage you have. Look, there's no question this president hasn't had a huge impact over the fed and its policies. By his policies and what -- and the governors he's put on the fed. And that's what you have to do. You have to put sound money governors on the fed and as chairman of the fed.

GLENN: Yeah, but you don't as president get to pick that person. They give you a list to pick from.

RICK: Well, that's true. And as you all know, you have some influence on that process. The president is not -- if you look at the people that they put on the fed, they've been put on the fed who are very much in line with where the president wants to take the fed. And I think that's been the case really since the fed has been around. There's an accommodation made to where the president wants to take the fed.

GLENN: Okay. So, Rick, let's get down to brass tacks on you and your campaign. I was with a candidate on Friday, and I heard him -- actually it wasn't him. It was somebody in his campaign. Talking to a group of people. And they were saying, you know, they were just going through all the people. And they said, and Rick Santorum is going to be in this thing even if he has no money, he will go and he will go door to door on foot if he has to, he is never leaving this campaign because there's a chance of a lightning strike and he will take advantage of that. Is that -- is that where you're at -- that you're just -- I mean, because we're looking at a new debate two weeks away on CNBC. I don't know if you'll make it. I don't know if Rand will make it. I don't know who will make it to the big table. They're playing all these games. How long do you survive? And do you believe that it's the right thing to do, if you continue to poll the way you are?

RICK: Well, all I can tell you, Glenn, four years ago I was in the same situation. In fact, in national polls, I was at 2 percent the week before the Iowa caucuses and won the Iowa caucuses. And, you know, I don't know if you saw, Gallup is no longer polling national elections. Pew is saying that they may not do it because the polls are simply wrong.

I can tell you. I mean, I was talking to one of our folks. And she works with five people. And they're all for a particular candidate. I won't say who. And she asked the question, have any of you ever been to an Iowa caucus? And they all said no. And she said, well, do you know what a caucus is? And they all said no. And she said told them. And all of them said, oh, we're not going to do that. We're not going to show up at 7 o'clock at night and spend two hours at some place to vote.

There's a lot of polling that goes on that simply doesn't reflect who will actually vote. I saw it. I witnessed it in reality. And what I have to do is I have to trust what I see on the ground. I did that four years ago. I trusted what I saw on the ground. I trusted that, even though in the state of Iowa, four weeks out, I was at 3 percent in the polls. I knew what I was seeing from caucus goers in Iowa who actually make these decisions. And so had I gotten a good break, which is to win on caucus night, instead of getting an errant count that didn't declare me the winner, I think it would have been a very different situation.

But here's what I do know. The media focuses in on polls and how much money you've raised, both of which feed into each other. They don't focus on what's going on on the ground, which counts, which is, who will vote? And that's what I focus on, and that's what I'm going to trust.

GLENN: Well, I will tell you, you have the -- the image of the hardest working guy in politics. You have the image of a good who is just not going to let a single door go unknocked.

RICK: Well, here's the thing, Glenn. I mean, you can spend all your time raising money. A lot of guys do it. And you look at their campaign schedule. They don't have a lot of town hall meetings. They don't get out and talk to voters. And they're relying on people presenting their image to the voters in Iowa, New Hampshire, and South Carolina. I do the opposite. I don't spend a lot of time raising money. I spend a lot of time out there, and I try to present that image directly and try to obviously build a very loyal cadre of folks who in a caucus state will make a difference.

GLENN: So tonight is the Democratic debate. If you had one question to ask all of the candidates, what would the question be?

RICK: You know, as you know,, I mean, my focus is on right now, the biggest problem -- this president is going to deal with, is a potential nuclear Iran. So my focus is, you know, will you stop Iran from getting a nuclear weapon? Because there's no question in my mind that under this deal, Iran is on a pathway to getting a nuclear weapon. And it's necessary to make sure that Iran doesn't get a nuclear weapon. And I suspect that the policy of containment, which is what the Obama administration has now put us toward, is the policy that every one of those candidates will follow along.

STU: Rick, I was wondering, maybe this will be a good question to answer, maybe you'll have a good answer to it. Can you identify anything that Hillary Clinton, Barack Obama, would identify as an actual violation to this agreement? It seems like they could do literally anything, and it still would fall within their framework.

RICK: Yeah, this is -- if you look at what's going on in Syria right now, in Syria, we have an agreement with Syria that supposedly is the model for verification and making sure that they're following along with it. And, of course, Syria has been using chemical weapons since this treaty was put in place. There's no question that chemical weapons have been used and that the Assad regime is the one that's been targeted. Yet, there's been no claim of violation of this treaty, even though they're using chemical weapons. And the reason is, they structure the treaty to where if they don't have weapons at this site and at this location or at that location, they're not in violation. So they can go ahead and use chemical weapons. Develop them somewhere else. Use them on their people. And still be in full compliance of a chemicals weapon treaty. This is the problem, is that we have a president who doesn't want to act. And he's trying to create a facade that he's actually doing something, when he's actually enabling people to move forward with their weapons of mass destruction.

GLENN: All right. Rick, just last night on TV and the rest of it is happening tonight. Last Friday, we spent an hour on radio with Bobby Jindal. And I'd like to offer this to you. I'm not offering this to everybody. I'm just offering this to about six of the people that I think America needs to see and meet. Would you come in and spend a couple of hours with us here in the next couple of weeks.

RICK: I'll spend a whole day with you, Glenn.

GLENN: Okay.

RICK: I'll take you out to breakfast, lunch, and dinner.

GLENN: No, and you're not going to knock on my door and ask me for my vote either. I mean, no.

STU: Also, Rick, you don't know how much he eats. I don't think you have those kind of campaign funds.

GLENN: Yeah, you haven't seen me for a while, Rick. It's gone down quickly.

RICK: I know the rest of the family doesn't eat much. They're in great shape.

STU: That's true.

GLENN: Rick, God bless you. If you want more information, go to RickSantorum.com. It's RickSantorum.com. Rick, thanks a lot. We'll talk to you soon.

Let's get him scheduled to come in.

STU: Yeah, that would be great.

GLENN: Do the same thing we just did with Bobby Jindal. By the way, the rest of the Bobby Jindal interview is tonight at 5 o'clock on the Blaze TV. You don't want to miss it. Really, really a good candidate.

Is Trump's prosecution NORMAL?  This COMPLETE list of ALL Western leaders who served jail time proves otherwise.

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Mainstream media is on a crusade to normalize Donald Trump's indictments as if it's on par with the electoral course. Glenn asked his team to research every instance of a Western leader who was jailed during their political career over the past 200 years—except extreme political turmoil like the French Revolution, Napoleonic Wars, Irish Revolution, etc.—and what we discovered was quite the opposite.

Imprisoning a leader or major political opponent is not normal, neither in the U.S. nor in the Western world. Within the last 200 years, there are only a handful of examples of leaders in the West serving jail time, and these men were not imprisoned under normal conditions. All of these men were jailed under extreme circumstances during times of great peril such as the Civil War, World War II, and the Cold War.

What does this mean for America? Are Trump's indictments evidence that we are re-entering times of great peril? Below is a list of Western leaders who were imprisoned within the last 200 years. Take a look and decide for yourself:

Late 1800s

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Jefferson Davis: The nearest occurrence to a U.S. President to serve jail time was in the case of Jefferson Davis, the first and only president of the Confederate States of America. Jefferson was captured in Georgia by Northern Soldiers in 1865 and locked up in Fort Monroe, Virginia for two years. He was offered a presidential pardon but refused out of his loyalty to the confederacy.

Early 1900s

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Eugene V. Debs: Debbs, a Midwestern socialist leader, became the first person to run for president in prison. He was locked up at a federal penitentiary in Atlanta having been convicted under the federal Sedition Act for giving an antiwar speech a few months before Armistice Day, the end of World War I. Many of his supporters believed his imprisonment to be unjust. Debs received 897,704 votes and was a distant third-part candidate behind Warren G. Harding, the Republican winner, and James M. Cox, the second-place Democrat. Harding ordered Debs’s release from prison toward the end of 1921.

Nazi sympathizers and collaborators: After the end of World War II in 1945, several European leaders who had "led" their countries during the Nazi occupation faced trial and imprisonment for treason. This list included Chief of the French State Philippe Pétain, French Prime Minister Pierre Laval, and Minister-President of Norway Vidkun Quisling. The latter two were also executed after their imprisonment. President of Finland Risto Ryti and Prime Minister of Finland Johan Wilhelm Rangell were also tried and jailed for collaborating with the Nazis against the Allied Powers.

Late 1900s

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The end of the Cold War: The fall of the Berlin Wall in 1989 was one of the pivotal moments that brought the Cold War to a close and marked the end of Communist East Germany. With the fall of the wall and the collapse of the German Democratic Republic (East Germany), the former leaders were brought to trial to answer for the crimes committed by the GDR. General Secretary Erich Honecker and General Secretary Egon Krenz were both put on trial for abuse of power and the deaths of those who were shot trying to flee into West Germany. Honecker was charged with jail time but was released from custody due to severe illness and lived out the rest of his life as an exile in Chile. Krenz served 4 years in jail before his release in 2001. He is one of the last surviving leaders of the Eastern Bloc.

Lyndon LaRouche: Larouche was a Trotsky evangelist, public antisemite, and founder of a nationwide Marxist political movement, became the second person in U.S. history to run for President in a prison cell. Granted, he ran in every election from 1976 to 2004 as a long-shot third-party candidate. When he tried to gain the Democratic presidential nomination, he received 5 percent of the total nationwide vote. Even though in 2000 he received enough primary votes to qualify for delegates in a few states, the Democratic National Committee refused to seat his delegates and barred LaRouche from attending the Democratic National Convention.

TOP 5 issues that have gotten WORSE since the last State of the Union

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If you saw Biden's State of the Union last week, or Glenn's firey reaction to it, you know that Biden hardly spoke a word that wasn't a flat-out lie.

If you spent the last 12 months in a fallout shelter and Biden's speech was the only media interaction you had since the last State of the Union, you might be tempted to believe that the country has improved in some way over the past year. But the rest of us, who have been living above ground, going to the grocery store, and paying some attention to current events, had only to look around to see that Biden's speech was nothing but hot air.

Here are the TOP 5 issues that have gotten worse since the last State of the Union.

Economy

Biden spent a significant amount of time during the State of the Union boasting about the strength of his economy, but anyone who has checked their bank account lately was left wondering if he was holding his speech upside down. It's not just the cobwebs in your wallet; the numbers show the devastation wrought by "Bidenomics" too. In 2022, American grocery bills increased by 11.4 percent and restaurant bills by 7.7 percent. In 2023 prices only continued to rise, with an additional 1.2 percent increase in food-at-home prices and a 5.1 percent increase in away-from-home prices.

Debt crisis and inflation

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The national debt continues to grow, and Biden managed to add almost 3 trillion dollars in just one year. As of December 2022, the national debt was $31.42 trillion. As of January 2024, the national debt has risen to $34.19 trillion.

Inflation didn't fare much better. While the 2023 annual inflation rate did drop from the horror of 2022, from 6.5 to 3.4 percent, that is still significantly higher than anything we saw before 2021. You also have to remember that it CARRIES year to year, as Glenn explained in his response to Biden's State of the Union: "Yes, it's not as bad as it was, but it's still what it was PLUS what it is now."

Border

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Biden's mismanagement of the southern border has inflamed the border crisis to all-time highs. In 2022 there were a staggering 2.2 million illegal border crossings, but that wasn't enough for Biden apparently, as an additional 2.5 million illegally crossed in 2023. An estimated 10 million illegal immigrants have crossed the southern border since Biden took office, and the effects are being felt. There has been a surge in crime across the country that is impacting millions of Americans, including the tragic murder of Laken Riley.

Fentanyl

The fentanyl crisis has only continued to worsen as more and more synthetic opioids flood our streets. Between the fiscal year 2021 and 2022, there was a shocking 54 percent increase in fentanyl trafficking offenses as more and more of the narcotic is smuggled across the southern border. We also saw an increase in fentanyl overdose deaths. In 2022 there were approximately 73,654 deaths, which is a significant increase from 70,601 in 2021.

Education and mental health

While the pandemic is long over, the lingering effects of the lockdowns are still being felt. Unsurprisingly, missing years of school has a major impact on the educational development of children. Kids across America are STILL struggling from pandemic-related setbacks, reading scores are still falling, and parents are reporting that their kids are struggling in their studies. The mental health crisis, another symptom of the COVID lockdowns, has also continued to worsen. Tragically, suicides increased by 2.6 percent between 2021 and 2022, marking the continued decline of mental health in America.

TOP FIVE takeaways from Super Tuesday

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The 2024 Presidential Election is taking shape.

Yesterday was Super Tuesday, the single biggest day in the presidential primary season. More than one-third of all delegates needed for a candidate to become the Presidential nominee of their party was up for grabs along with a plethora of state and local elections. In short, yesterday's results will shape the rest of the election season. It was a big deal.

Here are the top 5 takeaways from yesterday's elections:

Haley drops out

Nikki Haley drops out of the 2024 Presidential election.

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After the mass exodus of Republican candidates in January, most commentators agreed that it was only a matter of time before Haley stepped out as well. Haley put up a valiant effort and held out almost two months longer than the other Republican candidates, but after a disappointing turnout on Super Tuesday, she made the call to step back from the race. There was a small victory for Haley fans, however, in that she won Vermont, her first state primary victory following her win in Washington, D.C.

Trump sweeps the board

Trump wins over 1,000 delegates during Super Tuesday.

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While Haley had a disappointing day yesterday, Trump and his team celebrated a huge win. Aside from Vermont, Trump won every state that had a primary. At the time this was written, Trump had picked up a whopping 731 delegates, bringing his total to 1,004, out of the required 1,215 to win the presidential nomination.

Democrats are not committed to Biden

Biden wins big on Super Tuesday, but he is struggling to maintain his Democrat base.

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On paper, Biden had an excellent Super Tuesday, winning every state primary except American Samoa. However, a closer look reveals cracks in his supporter base. Yesterday, a shocking 19 percent of Minnesota Democrats voted for "uncommitted" instead of Biden. While that wasn't enough to change the outcome of the primary, it shows that Biden is walking on shaky ground, even among Democrats.

This phenomenon wasn't limited to Minnesota either. Eight percent of Colorado and Tennessee Democrats voted "uncommitted," and 10 percent of Massachusetts Democrats and 10 percent of North Carolina Democrats voted "no preference." Is this more evidence of a third-quarter bait-and-switch that Glenn has hypothesized?

The search to replace Feinstein continues

Adam Schiff and Steve Harvey compete for Diane Feinstein's Senate seat.

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California is having two Senate elections to replace the late Senator Dianne Feinstein. There is a special election to fill out the remainder of her term and a regular election to fill her seat for the next six years. The results of the Tuesday primaries put Republican and former Los Angeles Dodgers player Steve Garvey and Democrat Adam Schiff as the front runners, and the two of them will be going head-to-head in November. Surprisingly, even in deep blue California, Garvey won more votes than Schiff in the special primary. Does Garvey have a chance?

Ted Cruz is back up for election in Texas

Ted Cruz is up for re-election in 2024

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The Texas senate primaries were also on Tuesday, and Ted Cruz is back up for election in November. Cruz comfortably won the Republican Primaries with 88 percent of Texas Republicans backing him. Rep. Colin Allred, a Dallas-area congressman won the Democratic primary with a narrower margin of 58 percent. While it's easy for Texans to take their state's red status for granted, it is vital Texans stay vigilant and cast their vote this November.

This is YOUR CHANCE to make a difference!

Tomorrow is Super Tuesday, arguably the most consequential election day leading up to the 2024 election. However, every election leading up to November is critical for determining the trajectory of our country. This may be the most important election season in recent memory, so it is imperative that we do our part and head to the polls, even for smaller elections.

Listeners of Glenn's show are already aware of the multitudes of serious problems that face our nation. From the crisis on the southern border that's letting criminals flood our streets to the never-ending flow of American tax dollars funding a proxy war in Ukraine, it's clear that the people currently in charge are not cutout for the job.

We need to put responsible people back in office and we cannot let any more left-wing activists take power. YOU need to go out and vote and make your voice heard. Check out our COMPLETE list of all the upcoming elections in the 2024 election season. Mark your calendars, plan ahead, and STAND UP!

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South Dakota

State Primary- June 4th

State Primary Runoff- August 13th

Presidential Primary- June 4th

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Tennessee

State Primary- August 1st

State Primary Runoff- August 31st

Presidential Primary- March 5th

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Texas

State Primary- March 5th

State Primary Runoff- May 28th

Presidential Primary- March 5th

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Utah

State Primary- June 25th

Presidential Primary- March 5th

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Vermont

State Primary-August 13th

Presidential Primary- March 5th

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Virginia

State Primary- June 18th

Presidential Primary- March 5th

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Washington

State Primary- August 6th

Presidential Primary- March 12th

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West Virginia

State Primary-May 14th

Presidential Primary- March 5th

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Wisconsin

State Primary- August 13th

Presidential Primary- April 2nd

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Wyoming

State Primary- August 20th

Republican Presidential Caucus- TBD

Democratic Presidential Caucus- April 13th

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