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Stance:
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Close IRS and implement a fair tax
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Description:
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Governor Mike Huckabee supports closing the Internal Revenue Service an doing away with income tax. He instead supports a fair tax which in his words "would eliminate not just the alternative minimum tax, personal income tax, corporate tax, it would eliminate all the various taxes that are hidden in our system, and Americans don't realize what they're paying."
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Citations:
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| 1. |
Republican Debate Transcript, Simi Valley California, May 3, 2007 (8/6/07)
"Well, I cut taxes 94 times as governor, but I realize tinkering with it doesn't work.
I'd overhaul it. I would work for the fair tax, which meets the four criteria: flatter, fairer, finite, family friendly. We'd get rid of the IRS. We're get rid of all capital gains, income, corporate. And we'd have a consumption tax.
The fair tax proposal, I believe, offers the best opportunity for all levels of Americans."
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| 2. |
Republican Debate Transcript, South Carolina (8/4/07)
"Well, the simplest way is an active fair tax. That's the first thing I'd love to do as president, put a "Going Out of Business" sign on the Internal Revenue Service and stop the $10 billion a year that it costs just for them to operate. If we had a fair tax, it would eliminate not just the alternative minimum tax, personal income tax, corporate tax, it would eliminate all the various taxes that are hidden in our system, and Americans don't realize what they're paying. It wouldn't be a revenue increase or a revenue decrease, revenue neutral. But it also enables people at the lowest end of the economic spectrum to have a chance to reach the next rung on the ladder. It's the best proposal that we ought to have, because it's flatter, it's fairer, it's finite, it's family-friendly. And instead what we've done is what Senator McCain has suggested. We've had Congress that's spent money like Edwards at a beauty shop. (Laughter.) And it's high time that we have a different kind of tax structure, and the fair tax would get us there."
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2008 DMR/ IPTV IA Republican Debate (Part 2) (12/20/07)
He claims the Fair Tax could make the poor people rich and keep the rich people rich.
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