Mike Huckabee – What is the “Fair Tax?”
Complete video at: fora.tv Former Arkansas Governor and 2008 Republican Presidential candidate Mike Huckabee explains his support for a federal “Fair Tax.” —– Mike Huckabee speaks at The Commonwealth Club of California. Governor Huckabee’s win in the Iowa caucuses vaulted him into position as a serious contender for the Republican Presidential nomination. Strong showings in subsequent states have kept him in the running. Now, Californians have a decision to make about which candidate to choose. Come hear Huckabee outline his plans, goals and ideas, and hear about his values and beliefs – The Commonwealth Club of California Mike Huckabee was the Republican governor of the US state of Arkansas from 1996 to 2007 and is a candidate for the 2008 United States presidential election. Huckabee is the author of several books, an ordained Southern Baptist minister, a public speaker, and a musician, playing bass guitar in his rock band, Capitol Offense. Skip Rhodes is on the Board of Governors of the Commonwealth Club of California and President of Skip Rhodes and Associates, LLC.
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Comment by TheMethadoneParty on 5 December 2010:
6 people are dyslexic and missed the like button.
Comment by Mybookwork on 5 December 2010:
was in the garden of eden, he was the snake.
Comment by Rubykg on 5 December 2010:
I LOVE THIS MAN !!!! HUCKABEE 2012 !!!!
Comment by ziglet53 on 5 December 2010:
@carnypimp Imbedded taxes and related expenses is present in every single new item you purchase, groceries or otherwise. The Fair Tax prebate gives that money back to you. Today’s system merely rips you off.
Comment by ziglet53 on 5 December 2010:
@carnypimp Under Fair Tax, you wouldn’t be forced to spend any more than you do now. Fair Tax doesn’t affect “entitlements” whatsoever. It has nothing to do with them. Not only that, the monthly prebate would increase your monthly income at least $200.+ what you’re taking home now. No losers w/ Fair Tax.
Comment by MathTruthTax on 5 December 2010:
Fairtax pretends to tax the GOVERNMENT. Don’t believe me? Read the books.
“The federal government ITSELF will become a MAJOR taxpayer.” Page 148, The Fairtax Book.
“Fairtax treats all governments alike —- federal state and local — as individual consumers…….under our plan, all government purchases of LABOR, supplies, and services, would be subject to the fairtax.”
….Fairtax The Truth Book, page 138.
Comment by soccer92489 on 5 December 2010:
@langwiz7 Trust me just because you’re rich doesn’t always mean ur better off
Comment by langwiz7 on 5 December 2010:
I’m sorry, the prebate idea was not presented in this video. As far as tax shelters go, 22.5% of 1 million is a lot of money to be able to spend on shipping.
This tax would apply to internet sales and send those jobs overseas as that market dries up.
Comment by mrchamber on 5 December 2010:
langwitz, your Poor person, IF he spends all $24K, winds up paying $448.50 total sales tax after receiving his $5,072 prebate for the year (it’s paid monthly @ $423). That tax is 1.8% of his $24K.
Your Millionaire, IF he spends all $1 Mil winds up paying $224,928.00 total sales tax after? his $5,072 prebate for the year . That is 22.5% of his $1 Million.
He can’t hire any tax lawyers or CPAs or buy tax favors from the govt, either!
I am? STILL for this FairTax!!! How ’bout you!?
Comment by mrchamber on 5 December 2010:
I am FOR this FairTax! If the poor person lives in a household with 4 legal residents, he’ll receive $423 every mo.
That “prebate” pmt returns all the sales taxes to us for all our purchases up to the Fed Poverty Level. (The FPL for 4 is $22,050 this yr; times 23% sales tax rate = $5,072/yr, $423/mo) That’s 21.13% of the poor person’s income and 0.5% of the millionaire’s.
It removes all corp taxes from prices of everything we buy AND gives us JOBS!!
YEP! I am FOR it!!
Comment by langwiz7 on 5 December 2010:
If both a poor person and a rich person buys a $2000 item, and the poor person makes $24,000 a year and the rich person makes $1,000,000, let’s say the tax is 23% of 2000, or 460. That’s 1.9% of the poor person’s yearly income and 0.046% of the rich person’s yearly income. Still for this tax?
Comment by urgener on 5 December 2010:
The FairTax will raise the standard of living for all current tax payers. The amount we each pay will DROP because MORE people will be paying the total revenue neutral amount, including illegals and criminals. Also, prices will likely drop because companies will no longer need to pay tax experts and lawyers. This “compliance cost” right now amounts to $900 per person on average. Granted, SOME? people will benefit more than others, but there will be no loosers with the FairTax.
Comment by jasameprez on 5 December 2010:
@TheEpoxyExpert 10m is 10,000. 1mm is $1,000,000. Sorry for the confusion.
Comment by DemiGodofDreams on 6 December 2010:
Yeah! We’ll Start producing stuff(“made in America” brand) just as soon as we start producing stuff(Consumers buy from america with money-alot of people recieve from manufacturing jobs)
Comment by carnypimp on 6 December 2010:
@ziglet53 That not the point untill I get a JOB that pays more than 40,000 a year. I deserve my entitlements not taking away and forcing me to spend more than I can afford to spend just to get a refund at the end of the year. That is my fear.
Comment by ziglet53 on 6 December 2010:
@carnypimp You don’t have to like Huckabee to like the Fair Tax. The Fair Tax is strictly non partisan.
I must add that Huckabee doesn’t believe America should be a theocracy; rather, he believes in the principles our Founding Fathers espoused. I can understand why you came to that conclusion, though.
Comment by ziglet53 on 6 December 2010:
@carnypimp You may not realize that we pay taxes on every single thing we buy. Think food is expempt? Nope. Imbedded in the cost of every single item you buy is 22% corporate tax and compliance expense. You don’t even want to know the billions we spend annually just in compliance costs. You and I pay.
Comment by ziglet53 on 6 December 2010:
We not only want the Fair Tax, we NEED the Fair Tax and we need it STAT. If you haven’t read The Fair Tax Book, it’s a must read. Fascinating, provocative, easy read, I have to caution you that some things you read about our current code will make your blood boil; however, the fact that HR 25, the Fair Tax Act exists gives us much hope!!
Comment by DarkTemplarKain on 6 December 2010:
i think fair tax is a great policy, the other taxes are keeping people poor and are destroying the nation by increasing the the national debt in accordance to our individual family debt.
Comment by carnypimp on 6 December 2010:
Almost got me there but really do we consume that we don’t already pay taxes on? Fair tax also gets rid EIC or does it?
Comment by carnypimp on 6 December 2010:
@godspropertymc I love this ideal but do not like Huckabee because he wants a christian american and wants to allow unrestricted hunting of predators!
Comment by NawwLeans on 6 December 2010:
@sermadness I kid you not, Fairtax is s SO fucking goofy, that it’s own leaders know full well it’s a farce. Literally a farce.
They dare not have a hearing under oath, they would shit their own pants.
They pretend they can just tax the GOVERNMENT — city, county, state, federal, spending. Not just tax people — tax the GOVERNMENT. Yes — its that goofy. And they know it. They had to pretend that shit to get their “math” to “work”
Comment by NawwLeans on 6 December 2010:
@sermadness Serm — Fairtax is a fucking giant farce. It’s own leaders know it – they have avoided hearings under oath for 13 years. There is NO — absolutely NO research for it. The “research” is by a public relations firm PAID to hawk this shit. Its total nonsense.
Go see their goofy “calculator” which was supposed to “prove” how great it would be. yet they don’t ask a SINGLE question about your consumption – what you plan to buy. But that’s the ONLY thing you are taxed on.
Comment by NawwLeans on 6 December 2010:
@joesub . Fairtax is a FUCKING FARCE., Its own leaders KNOW its a fucking farce, you fucking idiot.
How the FUCK can all cities, and counties, and states, pay HUGE fucking sales taxes on their spending? Where will they get the money?
Do you even fucking grasp that not just PEOPLE pay this tax — Fairtax pretends the city governments will ALL pay it on ALL their spending. ALL state government too.
Do you grasp how fucking insane that is you fucking gullible idiot sheep?
Comment by NawwLeans on 6 December 2010:
@diovannucci wrong dumb fuck.
YOu fucking moron, you fucking dick head. Fairtax has each city — you fucking idiot — pay the federal government — you fucking moron. DO you see that yet you dumb fuck?
Each state would have to pay the federal goverment. Each county.
Do you see that you fuck head? Not only is that entirely unconstitutional you dumb fuck — cities and states will say FUCK YOU and not pay it.
Do you grasp that you dumb fuck?