Changes
Jump to navigation
Jump to search
ββTax Reform
==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
*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 parked offshore back to the United States, grow economy by 6% each year, create millions of manufacturing jobs
'''FairTax is better than punishing productivity'''
"If we got rid of all the taxes on our work, got rid of the taxes on our savings, investments, capital gains, and inheritance, and made a zero tax, we'd pay at the point of consumption. Why should we punish people for their productivity? The FairTax doesn't punish people for doing well and building the economy. Give a person his whole paycheck because every American would no longer have a payroll tax taken out." [http://www.cbsnews.com/news/republican-debate-transcript-primetime-debate-on-economy/]
'''FairTax gets rid of IRS and sifts power back to the states'''
"Q: Will you abolish or cut the size of the EPA, the IRS, the Department of Education?
HUCKABEE: There are a lot of things happening at the federal level that are absolutely beyond the jurisdiction of the Constitution. This is power that should be shifted back to the states, whether it's the EPA or the Department of Education. We can get rid of the Internal Revenue Service if we would pass the FairTax, and move power back where the founders believed it should have been all along."[http://time.com/3988276/republican-debate-primetime-transcript-full-text/]
==Corporations==
'''Stop punishing manufacturing; stop punishing work'''[http://www.ontheissues.org/2016/Mike_Huckabee_Corporations.htm]