Difference between revisions of "Mike Huckabee"
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| + | ==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 | ||
Revision as of 14:52, 22 January 2016
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
