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Mike Huckabee (Tax Reform) (view source)
Revision as of 19:00, 27 January 2016
, 19:00, 27 January 2016→FairTax System
"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/(RD1)]
'''FairTax broadens tax base to include non-wage-earners'''
"Q: You say that changing entitlements would be breaking a promise to the American people, and you say that you can keep those programs, save Social Security, save Medicare, without major reforms through a FairTax, which is a broad tax on consumption. How that would work?
HUCKABEE: One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and capital gains. The FairTax transforms the process by which we fund Social Security and Medicare because the money paid in consumption is paid by everybody, including illegals, prostitutes, pimps, drug dealers, all the people that are freeloading off the system now. That's why it ought to be a transformed system." [http://time.com/3988276/republican-debate-primetime-transcript-full-text/(RD1)]
