Difference between revisions of "Mike Huckabee"
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[[image:huckabee.jpg|200x200px]] | [[image:huckabee.jpg|200x200px]] | ||
==Tax Reform== | ==Tax Reform== | ||
| − | Proposed a FairTax system | + | Proposed a FairTax system (MHWTR) |
*abolish IRS and tax code | *abolish IRS and tax code | ||
*eliminate all income tax, including payroll, Medicare, Social Security, and investment income taxes | *eliminate all income tax, including payroll, Medicare, Social Security, and investment income taxes | ||
| Line 8: | Line 8: | ||
*bonus payments to poor individuals | *bonus payments to poor individuals | ||
*claim: the FairTax system will ensure that everyone including criminals will be required to pay the tax, since it is a sales tax instead of income tax, reinvest $22 trillion in offshore money *back to the United States, grow economy by 6% each year, create millions of manufacturing jobs | *claim: the FairTax system will ensure that everyone including criminals will be required to pay the tax, since it is a sales tax instead of income tax, reinvest $22 trillion in offshore money *back to the United States, grow economy by 6% each year, create millions of manufacturing jobs | ||
| + | ==Sources Key== | ||
| + | (MHWTR) = [http://www.mikehuckabee.com/_cache/files/11ce70c7-bee1-4fc0-b428-65ccdad4e7d1/B3BBF8906D52C920712799CAB662DB1F.fairtax-faq.pdf] | ||
Revision as of 13:54, 22 January 2016
Tax Reform
Proposed a FairTax system (MHWTR)
- abolish IRS and tax code
- eliminate all income tax, including payroll, Medicare, Social Security, and investment income taxes
- establish national sales tax
- “senior bonus payment” instead of Social Security
- bonus payments to poor individuals
- claim: the FairTax system will ensure that everyone including criminals will be required to pay the tax, since it is a sales tax instead of income tax, reinvest $22 trillion in offshore money *back to the United States, grow economy by 6% each year, create millions of manufacturing jobs
Sources Key
(MHWTR) = [1]
