Huckabee campaigning for 23% sales tax |
This is a great analysis of the Huckabee tax plan—–> Here
Here are some of the notable qoutes:
Grover Norquist, a conservative activist who, as head of Americans for Tax Reform, pushed candidates to take a no-tax-hike pledge, said promoting a national sales tax in the presidential election would be “political poison.”
William G. Gale, a tax expert at the centrist Brookings Institution think tank, estimates that the levy could run as high as 50% — a tax so steep that it would be an invitation to mass tax evasion.
“It’s a crackpot plan,” said Bruce Bartlett, a conservative economist and former Treasury Department official who is a leading critic of the sales tax. “Anyone who supports it should not be taken seriously.”
I think people can easily be distracted by those who promise to do away with the IRS that they fail to see the damage that the implementation of a plan like this would cause. Given Huckabee’s record with entitlements and the possibility for the sales tax rate to sky-rocket to 50% or higher, this so called “Fair Tax” could cripple the middle class.
Also, doing away with the IRS would require the establishment of a national sales tax collection agency. Some speculation indicates that this agency could become significantly more expensive and convoluted than the current system.
I do agree with those of you who are looking for a better, more efficient tax system. And for full disclosure, I am in favor of a flat income tax. I am not so worried about a fair tax being implemented–I am worried about about a fair tax being implemented wrong.
The article was written by Janet Hook, Los Angeles Times Staff Writer
December 24, 2007
The entire article is availabe——-> Here