Comments on: Huckabee: Sales Tax Saves Social Security

Tells New Hampshire Residents He Wants To Eliminate Federal Income Taxes In Favor Of National Sales Tax

[ontheleft]

Progressive taxes will continue to be fade away until there are nothing but regressive taxes left. The whole trend started with Reagan. The net effect is the poor and middle classes are shouldering a higher percentage of overall taxes than they were 30 years ago.

[realpatriot1]

Downtowner97,

I''m glad that Bush can pronounce God, I just wish he would stop blaming God for his own personal shortcomings.

A national sales tax is the most regressive tax imaginable; it''s the wet dream of the welthy who want the poor to bear a greater tax burden than they do.

We have a progressive tax structure for a reason, those who benefit the most from society should contribute the most.

[downtowner97]

It''s 2007, and our country cannot and will not elect a president who does not believe that an invisible man is in control of everything. This makes me very sad.

Sales tax as a replacement for income tax has one benefit as far as I can see. It elimintates the tax dodge that religious organizations have enjoyed all these years. If Pat Robertson or Jesse Jackson want to buy another Rolls Royce, they''re going to have to pay tax on it. That makes me less sad.

Why am I so bitter about evangelicals? Because they brought us Bush who has trouble pronouncing the word nuclear, but has no trouble saying God.

[burneb]

Replacing income or payroll taxes with sales taxes sounds attractive until you do the math and compute how high sales taxes would really have to be. 23 percent would not be nearly enough if you include replacing employer and employee contributions to Social Security and Medicare.

It is always bad to rely too heavily on one or two forms of taxation. It skews the effect and causes many to take extraordinary and uneconomic dodges to duck the higher rates. States that do it are harder hit by economic swings and tax dodging. Better to rely on a balanced set of lower taxes.

Republicans have NEVER come up with a tax plan that was fair to those not already possesed of more wealth than God intended anyone to have. This is not the year they will start either.

[homespunlady]

Posted by Prinzowhales at 06:10 PM : Dec 14, 2007

An even BIGGER worry is asset consolidation - the FIAT inflated dollars are being shifted to an ever shrinking minority at the top which in turn convert them into assets.
The slow ones into more fiat items such as derivatives but the ones "in the know" are shrewdly buying "HARD ASSETS" and our nation will be poorer for it in the end.

The poor and shrinking middle class has bought into the mall-hype and have bought "throwaway assets" such as cars, cheaply built, overpriced houses and disposable electronic toys.
Necessary expenses such as Food are now spiraling upward in price.

I found a study that tracked major economic declines while researching the "Elliot Wave Theory" that stated when more than 28 percent of a nations assets were owned by 5 or less percent of the population the probability of a national economic decline could be expected.

This nation is well past THAT tipping point now.

[beehive21-2009]

Sorry folks a republican will not win the white house soon, the people are sick of them and big oil as bed partners,god cannot win as a republican.

[j-whitman]

And what else does Huckabee have to say ??? Oh yes --- The brother of Jesus is the Devil

[prinzowhales]

denn034--"I see!" said the blind man.

[denn034]

"denn034--If you look at M-3 over those Clinton years"
Posted by Prinzowhales

MCVet made the pro-Clinton comment not me, Prinzowhales.

[prinzowhales]

denn034--If you look at M-3 over those Clinton years, you''ll see an increase far higher than the increases in productivity. Clinton is fondly remembered because he was on the uphill side of the ''South Sea bubble''...Bush (the FED won''t even release M-3 under ''Helicopter Bernanke'') is on the precipice before the ''cliff'' of the downside of the bubble.

Credit creation out of nothing must constantly accelerate to have the same economic effect --More money has to be created under Bush...and more...and more...then....THE END....collapse, chaos depression.