Comments on: "FairTax" Boosts Huckabee, Despite Critics
GOP Contender's Support For Questionable National Sales Tax Drawing Supporters
- "they would already be in debt from having to pay 23% more for every single thing purchased. "
No they wouldn''t, the tax is already included in your current price because a healthy chunk of the price you pay for say a product are the exact taxes that would be waived from the producer/manufacturer and the retailer. These guys already pass the ''savings'' along to the consumer. In short, the 23% is already included in today''s sales because of the imposition of those same taxes on those on whom you purchase from. - Reply to this comment
- Why not just have a ''Fair Income Tax''? EVERYBODY pays the same percent on their income...and there are no loopholes or exemptions or write offs?
If you make the money it''s taxed! I''ve been taxed that way all my adult life! - Reply to this comment
- Instead ot debating the sales tax on its merits, people are arguing about how disruptive it is to change the current system. It''s like saying, "Well I don''t like ..., but I''m so used to it that I won''t change it." Sounds like a copout to me.
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- One thing I want to discuss is the "fair tax RATE"......Am I right at saying it is to be 23%????? You have got to be joking me?! We need to enhance our Comptroller Generals authority to the level of being able to walk right into the Oval Office ANY *** time he pleases and slap down ANY spending bill with an "ECONOMIC VETO" that nobody can override. Especially when it involves borrowing the money. Somebody in government has to be able to stick up for us taxpayers on both sides. The lobbyist bought politicians sure don''t!
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- Mike Huckabee,
Similar to Bill Clinton in some remarkable ways (not including their politics) will he also make it to the White House?
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I just saw this comment on the politics page. Who ever wrote that blub must be either insane, or the dumbest reporter alive. The only thing similar between Clinton and Huckabee is that they are both from Arkansas and they both need to watch their weight. Other than that, they are about as much alike as GWB and a Nobel laureate. - Reply to this comment
- Although, a sales tax can work for selected projects and can work in certain cities areas, it would not be workable on a national level. I looked at this years ago when Forbes made it part of his platform, and it really would be a disaster. Huckabee is just not very bright, but it sounds good to people who are sick of the current system and tax tired. We need someone bright in the Whitehouse, not someone who can''t understand complicated issues. We have had that for seven years.
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- I should have continued reading; "To offset the burden on the poor, the FairTax system would send monthly checks to everyone in the nation, compensating for taxes paid up to the poverty level and ensuring that some minimum standard of living would go untaxed. The president''s tax overhaul panel, in its final report, estimated that such a program would cost $600 billion to $780 billion a year, making "most American families dependent on monthly checks from the government for a substantial portion of their income." "
Okay, that''s not so bad then. Nice to see such things mentioned. Mr Huckabee, Please accept my apology for my rash thinking/oversight/not reading. Though I''d also admit, why include "everyone"? I''ll agree there''s such a thing as "too much tax", but should "too little" be a factor, especially when we have this national debt and how some wouldn''t even notice an extra nickel coming out of their coffers?
I dunno; but in theory the practice in general is a good one. - Reply to this comment
- Hmmm. Of all the things to tax, it''d be put on what makes our economy work - SALES.
I thought Republicans hated taxes? Money for nothing and the chicks for free, I suppose... Repubs are right on a lot of things, but for once, it''s not regarding taxes. Ironic, isn''t it? - Reply to this comment
- Nothing fair about the fair tax. Instantly, overnight, those who didn''t have the cash to fall back on would be totally wiped out. Sure, the next check would be bigger, but they would already be in debt from having to pay 23% more for every single thing purchased. The only ones who would skate through the entire process would be the rich, next in line would be the poor, and the ones getting no deal at all would be the middle class, as usual. Huckabee has proven himself unworthy to lead if he can''t see what a disaster this is, and those who haven''t thought it through are simple minded idiots. The fact his campaign has gotten a ''boost'' from this idea is scary.
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- The current IRS tax system is so well established in our country that it would actually cost a lot more money to change it than it would be to simply improve it. A "fair" tax or a "flat" tax would clearly cause a rift in the distribution of tax revenue to the various governmental agencies for many years, AND, cost a lot of money as I mentioned before.
It would be a logistical and economic nightmare!
Just shave off some more of the income tax and increase the estate and windfall taxes to compensate. People should keep more of what the EARN as opposed to what they WIN.
(Inheritance is a form of "winning" by the way. If you are born into wealth... you''ve won the lottery of life. Just ask Paris Hilton, Steve Forbes, or the Trump kids). - Reply to this comment
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