Mike Huckabee
Revision as of 14:52, 22 January 2016 by imported>Komal
Tax Reform
Proposed a FairTax system
- 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
