Now, some inspection
At last, somebody with national stature (Michael Kinsley) gives attention to presidential candidate Mike Huckabee's nutty "fair tax" proposal, which also was gigged in a Dem-Gaz editorial this morning. It's dishonest, overly complicated and unworkable, for starters.
With The Huckster's rise in the polls comes, at last, a little inspection.
For example, too, there's this from AP coverage in New Hampshire:
Often, Huckabee was more eloquent in describing problems than solutions. America must become energy-independent, he said, without explaining how. Security worries have made air travel unpleasant, he said, without detailing how he would change it.
He was more specific about Social Security. Americans should be offered "a tax-free buyout" of their stake in the program, he said, which would give them a lump of money to invest or spend while ending the government's "long-term obligation" to them.
A tax-free buyout of Social Security stakes? Wow. Do you think a few Americans might trade future security for a bass boat? Unfortunately, I do. Tinkering with the most successful government program ever in this fashion wold be lunacy.
However, the "Dean," increasingly out-of-touch David Broder, endorsed Huck for vice president on a McCain ticket.







Comments
Magnolia Man writes to me:
I fear for the republic. The weaknesses of
the Republican field give me no cause for celebration because they only
magnify the Huckster. Americans (as Alexis de Tocqueville observed in the
1830s') have no real sense of their own history or heritage. And ,as H.L.Mencken
commented " I stay in this country for the same reason that people go to the zoo."
Or, as Houston Nutt would say -- I follow the money.
When the Bro. sounds sensible the Republicans and the country have serious
problem.
Where is Elmer Gantry when you need him?
Posted by: maxb
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December 1, 2007 07:21 AM
Hey, yeah! Let's have that Social Security buy-out. I could use a few bucks for Chinese-made Christmas gifts for all those young'uns around. And there are a couple of the current crop of kiddies around who have totaled their cars and moms and dads have said, "Enough. Buy your own car." As a potential soft touch with a little extra cash on hand . . . well, who knows . . . There might be a young'un or two who'd agree to ferry us old folks around in return for a car, at least for a day or two, until that siren ski vacation calls -- well, if we'd pony up for that too. But never fear, they'll be back --when they can convince us to reverse mortgage the house so they can go on that Caribbean cruise.
Say, any ideas how the people of Arkansas can get out from under the pension and any other lingering obligations to Mike? A few bucks now and then he's on his own when health issues and old age sneak up on him? Sounds pretty good to me.
Posted by: Doigotta
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December 1, 2007 09:19 AM
Some 30-Somethings on his Positions Staff must be dropping acid. "Tax-Free buyout." That's Great White Dope if I ever heard it. Where in the hell would the government get the TRILLIONS to do that ? Not that reality ever bothered a Huck pitch.
When country club Republicans realize that Huck's "Fair Tax" scheme is not only gonna cost them 23% on that next Escalade suv but they will also lose the Cheney-inspired, huge tax credit for it, Huck will be laughed out of the room. When tax policy becomes a DISincentive for rich people to buy expensive things watch how fast things go into a Huckabee-designed hell.
ARK. BLOG: It actually would cost them 30 percent. They get the 23 percent by dividing the tax by the total cost of the purchase with tax added. Nice scam. And most experts think 30 percent wouldn't be revenue neutral. With some of his givebacks, 60 percent might be more like it.
Posted by: eLwood
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December 1, 2007 03:20 PM
Ark Blog, if by some 1000 :1 odds Huck were given the chance to implement such a fairly tale, I predict his impeachment wouldn't take more than 5 months. Screwin office help is one thing, but messin with rich folks tax schemes is a dangerous proposition.
Posted by: eLwood
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December 1, 2007 07:36 PM