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Huckabee - The FAIRTAX summary

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Uploaded by on Mar 27, 2008

AN ISSUE THAT LIBERALS, INDEPENDENT AND CONSERVATIVES CAN AGREE WITH!!!
Mike Huckabee is a supporter and a leader in the FAIRTAX(tax reform) and that is why John McCain should pick Mike Huckabee for Vice President!!!
Call McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President!
A MUST READ!!! A brief summary of the FAIRTAX
A. The FAIRTAX will eliminate income taxes, withholding, self-employment taxes, bonus taxes, overtime taxes, social security taxes, medicare taxes, alternative minimum taxes, estate taxes, gift taxes, corporate taxes, capital gain taxes, dividends taxes, small business taxes, and replace it with a 23% sales tax. Plus it will give each American household that are citizens a rebate check based on the poor necessities of life. It will also abolish the 16th admendment and prevent the government from taxing us twice!

B. Its Fair because for example if you are rich and you buy a $20,000 rolex watch you pay more in taxes but the same percentage as someone buying a $95.00 fossil watch so it is fair for the rich and the poor that may one day become rich.

C. The FAIRTAX is Fair for the poor and middle class because of the rebate check. Under the FAIRTAX there is no taxes on necessity items (food, clothing, water etc), but it is not a necessity to have a party and to buy lots of food or to go on a shopping spree and buy lots of cloths. That is the purpose of the FAIRTAX rebate checks, and the size of the rebate check depends on the size of your household. For example base on 2004 estimates: Single person Annual Consumption Allowance(ACA) is $9,310 and will receive a rebate of $2,254 per year / a Couple ACA is $12,490 and will receive a rebate of $4,508 per year/ Couple with one child ACA is $16,090 and will receive a rebate of $5,290 per year/ Couple with two children ACA is $19,350 will receive a rebate of $6,072 per year. The FAIRTAX will untaxed the poor and allow the poor and middle class to make money without being penalize for making to much money. The current tax system penalize your ability to make money when you work overtime, receiving a bonus, move up from one tax bracket to another, working two jobs etc.

D. The FAIRTAX will give all Americans the ability to pay down debt faster. With the FAIRTAX you will keep your full paycheck and you only pay taxes only when you buy something. HAVING YOUR FULL PAYCHECK WILL ALLOW YOU TO PAY OFF DEBT FASTER!

E. The current tax system tax you base on your income and quadrant (if you are an employee, small business owner, investor, corporation). The employee and small business owner get hit the hardest in taxes, and it puts are government in a powerful position that chooses the winners and losers of the tax system. That is one main reason why there are 34,000 lobbyist that lobby 535 congressmen in Washington. Are Elected officials are acting like kings that receives gifts from lobbyist in exchange of relief in the tax system for their corporation, and OUR ELECTED OFFICIALS EXPOSED TO BE REPRESENTING THE AMERICAN PEOPLE NOT THE LOBBIST IN WASHINGTON. The FAIRTAX will eliminate the confusion that our elected officials have on who they should be representing

F. The FAIRTAX will remove all the tax loop holes that millionaires and billionaires enjoy because they are able to pay for the best tax lawyers, the best tax accountant and the best lobbyist that remove their tax burdens every year. The current tax system taxes based on income produce not wealth assets. I am a Capitalist but it is not capitalism when the government can choose who the winners and losers are going to be and it is not capitalism when the current tax system taxes one group of people better than another. For one example Bill Gates is worth over $47billion if he does not produce an income this year in the eyes of the current tax system Bill Gates is just as poor as the homeless living under a bridge! The FAIRTAX will remove this nonsense. If the FAIRTAX was implemented than Bill Gates will be taxed based on what he buys no more loop holes.

For more info on the FAIRTAX and to sign the petition goto www.fairtax.org for more info on the candidates goto www.mikehuckabee.com and www.johnmccain.com
To make a difference call John McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President! Call your congressman and tell them you want the FAIRTAX!! SIGN THE MIKE HUCKABEE FOR VICE PRESIDENT PETITION AT WWW.HUCKABEEFORVP.NET

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Top Comments

  • Wouldn't it be great to not be penalized for working hard and earning more? It can help many move up the ladder that can be frugal on spending and that is something our current system just can't do.

  • You need to read FairTax:the Truth. Please.

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  • @mattburnz123  You socialist.

  • Beware of these names. They're all the same person, a FairTax spammer who doesn't work and doesn't pay taxes.

    BullshipDetector, CanteenKid, FarceTax, FilmCriticOne, NawwLeans, MakeMyPower, MarkDouglasC, MathTruthTax, MyBookDeal, MyBookWork, NavyBeer, NeilTaxCon, PrebateNonsense, Taxfools, TaxSanity, TruthMattersToMe, TubeTaxPro, 12FlyMe, SteamBoatCamp, ItchMyFoot, RooferHoofer, MybookDeal

  • @MybookDeal Yeah.......Sorry. I'm not having this argument with you again Mark. Go back to you're Ron Paul vendetta and civil war discussions.

  • There is no fairtax plan. It's a hoax, a farce. No one is really trying to pass this in Confress. No one is trying to get hearings under oath. No one is telling cities and states about the massive tax they would have to pay.

    No politician will ever vote for this in Congress-- Fairtax own leaders would shit their pants if it even got near a hearing under oath. The last thing they want is for this insanity to be exposed. Their OWN leaders know it's full of shit - a hoax

  • @friezeframe -- actually the US Fairtax movement is NOT about shiftting. It's not even a serious plan. It's own leaders know it's pure bullshit -- and are NOT trying to pass it. In 13 years they have avoided every possible hearing under oath. Not ONE corporation is for it. They have keep hidden -- as much as possible -- their idiot pretense of taxing the government.

  • @TaxTheGovernment fucking idiot, the fairtax has been looked at by thousands of economic professors and such and all agree the fairtax would bring in all revenue. Dumbass

  • @friezeframeUK read the book dumbass

  • 1.) Grassroots movements don't need your unfounded insinuation of political corruption.

    2.) The plan moves the tax burden to tourists illegals and the non-working rich, and makes the tax transparent. This is not a tax hike. It olny looks that way because you'll see them for once. this is what they mean by broaden the tax base.

    3.). The paper your plagiarizing was written by a lobbyist who stands to lose his job if this plan goes through.

  • by making it transparent for once? if people knew how much they were taxed as it is they'd shit eggrolls.

    And hitting the middle class while the rich run away with the money? How is that different then the current system. as I see it the guys that don't work and live off of dividens taxed only at 15% will finally pay up. remember income and payroll tax only hits you if you have an income.

    The plan isn't perfect. but it's a far sight better then our current system

  • A revenue neutral tax?

    If you believe that this new tax system will be revenue neutral and that the government is proposing it because it is concerned about being 'fair' then then you would also probably believe that politicians never lie.

    This is a scam to shift the tax burden to the middle classes before increasing taxes to unprecedented levels.

    They need to broaden the tax base to the largest population group before increasing it.

    This is the only way they can ever reduce gov debt.

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