Truth squad | Arkansas Blog

Wednesday, May 23, 2007

Truth squad

Posted By on Wed, May 23, 2007 at 4:06 PM

Mike Huckabee's campaign is touting his "fair tax" idea. The release is on the jump. It's a variant of the old flat-tax pipe dream, here a national sales tax around 24 percent. Not going to happen. But it's also a good occasion to link to Ernie Dumas' column this week providing more accurate information than Huckabee provides on his tax record as governor.

HUCKABEE NEWS RELEASE

Houston, TX – Former Arkansas Governor Mike Huckabee beat out his Republican challengers in a recent FairTax poll on tax reform.  With 42% of the vote, Huckabee was seen as the candidate who presented the most effective and comprehensive plan for significant tax reform.

The online poll was conducted by FairTax.org after the South Carolina 2008 GOP Presidential Debate on May 15, 2007.  Huckabee won the poll with approximately 2,100 of 5,000 participants in the survey.

“It’s high time we have a different kind of tax structure and the simplest way to eliminate the alternative minimum tax, without raising the budget deficit, is by enacting the ‘FairTax,’” Huckabee said.  “The FairTax is the best proposal we have out there because it’s flatter, fairer, finite and family friendly.”  Huckabee made his remarks after meeting with officials in support of the FairTax Plan, a nonpartisan, national grassroots campaign to replace the federal income tax system with a progressive national retail sales tax.

“If we had a FairTax, it would not only eliminate the alternative minimum tax, personal income tax, and corporate tax, it would eliminate all the various taxes that are hidden in the system that Americans aren’t aware they are paying,” Huckabee said.  “Importantly, the FairTax would be revenue neutral.” 

The FairTax plan also abolishes the IRS; closes all loopholes and brings fairness to taxation; ensures Social Security and Medicare funding; brings transparency and accountability to tax policy; allows American products to compete fairly; reimburses the tax on purchases of basic necessities; enables retirees to keep their entire pension; and enables workers to keep their entire paycheck. 

As governor of Arkansas, Huckabee cut taxes and fees almost 100 times, saving the taxpayers almost $380 million and creating a budget surplus of nearly $850 million.  As president, Huckabee said one of his top priorities would be to simplify the U.S. tax code.

 


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