tag:blogger.com,1999:blog-8211953.post1361191937737339375..comments2023-11-05T03:15:36.027-05:00Comments on toothdigger's comeback: Mike Huckabee On FairTax Plan in MichiganCarleyhttp://www.blogger.com/profile/15067674550629366282noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8211953.post-7810417471921687622008-01-15T20:13:00.000-05:002008-01-15T20:13:00.000-05:00Thanks Ian!Thanks Ian!Carleyhttps://www.blogger.com/profile/15067674550629366282noreply@blogger.comtag:blogger.com,1999:blog-8211953.post-78299907366249894622008-01-13T18:38:00.000-05:002008-01-13T18:38:00.000-05:00Increasingly, Mike Huckabee is what leadership loo...Increasingly, Mike Huckabee <I>is</I> what <B><A HREF="http://snipr.com/leaderlook" REL="nofollow">leadership looks like</A></B>. He's an adroit public speaker, and he communicates his message in life-like, cogent terms, with compelling examples like the story he told (at the Ames Straw Poll) of what his then-11-yo daughter entered into the "Comments" section of a Visitors Book after visiting the Yad Vashem holocaust museum: “<B><I>Why didn't somebody do something?</I></B>”<BR/><BR/>Huckabee is all about calling his listeners to "do something," to awaken them to their own empowerment, and <B>summon them to action in order that "Main Street," and not "Wall Street," will prevail in guarding the values and beliefs upon which the Republic was founded</B>.<BR/><BR/>Huckabee puts his listeners at ease, and reassures them, articulating clear concepts in a natural, easy style (no doubt something well-cultivated as a pastor). He’s not as “mechanically-scripted” as Romney, nor angry or demanding, like a Ron Paul, and his large brown eyes, peering through a humble demeanor, draw a striking contrast to a unconvincing, tired-looking Thompson. <B>One can easily imagine sitting comfortably with Mike over a cup of coffee at the Main Street Cafe</B>. <BR/><BR/>Most importantly, perhaps, Huckabee is <B><A HREF="http://snipr.com/nextrung" REL="nofollow">ONE</A></B> with the FairTax grassroots <B><A HREF="http://snipr.com/becomeamember" REL="nofollow">movement</A></B>. While many - like Romney, and others, who are invested in the current income tax system - seek to <B><A HREF="http://snipurl.com/taxpanelrebutted" REL="nofollow">demagog</A></B> the well-researched FairTax plan, its acceptance in the professional / academic <B><A HREF="http://snipurl.com/econsopenletter" REL="nofollow">community</A></B> continues to grow. Renown economist Laurence Kotlikoff believes that failure to enact the FairTax - choosing instead to try to "flatten" what he deems to be a non-flattenable income tax system - will eventuate into an irrevocable economic <B><A HREF="http://snipurl.com/meltdowninprogress" REL="nofollow">meltdown</A></B> because of the hidden aspects of the current system that make political accountability impossible. <BR/><BR/>Romney's recent WEAK response to FairTax questioning on “<B><A HREF="http://snipurl.com/stephanopoulosdebate" REL="nofollow">This Week</A></B> with Geo. Stephanopoulos” drew a sharper contrast between Huckabee and all other presidential front-runners who will not embrace it. Huckabee understands that what's wrong with the income tax can't be fixed with "a tap of the hammer, nor a twist of the screwdriver." <B>That his opponents cling to the destructive Tax Code, the IRS, preserving political power of granting tax favors at continued cost to - and misery of - American families, invigorates his campaign's <I>raison d'etre</I></B>.<BR/><BR/>Of the FairTax, Huckabee asserts that it's...<BR/><BR/><I>• SIMPLE, easy to understand<BR/>• EFFICIENT, inexpensive to comply with and doesn't cause less-than-optimal business decisions for tax minimization purposes<BR/>• FAIR, FLAT, and FAMILY FRIENDLY, loophole-free, and everyone pays their share<BR/>• LOW TAX RATE is achieved by broad base with no exclusions<BR/>• PREDICTABLE, doesn't change, so financial planning is possible<BR/>• UNINTRUSIVE, doesn't intrude into our personal affairs or limit our liberty<BR/>• VISIBLE, not hidden from the public in tax-inflated prices or otherwise<BR/>• PRODUCTIVE, rewards - rather than penalizes - work and productivity</I><BR/><BR/>A detailed benefits analysis of the plan (from The FairTax Book) explains Huckabee's ardent advocacy:<BR/><BR/>For <B><I><A HREF="http://snipr.com/nextrung" REL="nofollow">INDIVIDUALS</A></I></B>:<BR/><I>• No more tax on income - make as much as you wish<BR/>• FairTax is paid on retail goods and services when purchased new, not used<BR/><BR/>• You receive your full paycheck - no more deductions<BR/>• Every household receives a monthly amount, or "prebate"<BR/>• "Prebate" is "advance tax payback" for monthly consumption to poverty level<BR/>• FairTax ensures poverty protection, being <B>less</B> regressive than income tax<BR/>• Increased household income preserves real purchasing power against any higher prices<BR/><BR/>• Reduction of <B>pre-</B>FairTaxed retail prices (due to reduced costs; increased competition)<BR/>• 29.9% mark-up yields 23% FairTax portion of new price tags<BR/>• FairTax portion of new prices reveal true cost of gov't to consumers<BR/><BR/>• FairTax is captured on illicit forms of income, when spent<BR/>• Parasitic income tax filing industry eliminated<BR/>• No double taxation on goods and services<BR/>• <B>No more IRS or FILING OF INCOME TAX returns</B><BR/>• Savings is bolstered with reduction of interest rates</I><BR/><BR/>For <B><I><A HREF="http://snipr.com/fthuckabeeonirs" REL="nofollow">BUSINESSES</A></I></B>:<BR/><I>• Corporate income and payroll taxes revoked under FairTax<BR/>• Business compensated for collecting tax at "cash register"<BR/>• No more tax-related lawyers, lobbyists on company payrolls<BR/>• <B>No more embedded (hidden) income/payroll taxes in prices</B><BR/>• Reduced costs. Competition - not tax policy - drives prices<BR/>• Off-shore "tax haven" headquarters can now return to U.S<BR/>• <B>No more "favors" from politicians at expense of taxpayers</B><BR/>• Resources go to R&D and study of competition - not taxes<BR/>• Global "free (and equitable) trade" becomes possible for <B><A HREF="http://snipurl.com/tradeinequity" REL="nofollow">currently-disadvanted</A></B> U.S. exports<BR/>• U.S. exports increase their share of foreign markets</I><BR/><BR/>For the <B><I>COUNTRY</I></B>:<BR/><I>• 7% - 13% economic growth projected in the first year of the FairTax<BR/>• <B>Jobs return to the U.S.</B><BR/>• Foreign corporations "set up shop" in the U.S.<BR/>• Tax system trends are corrected to "enlarge the pie"<BR/>• Larger economic "pie," means thinner tax rate "slices"<BR/>• Initial 23% portion of price is pressured downward as "pie" increases<BR/>• <B>No more "closed door" tax deals by politicians and business</B><BR/>• FairTax sets new global standard. Other countries will follow</I><BR/><BR/>Passionately supporting FairTax, Huckabee understands that, if elected President, Congress will have to present the bill for his signature. His call to action goes beyond his candidacy: <I>Main Street will have to <B><A HREF="http://snipr.com/becomeamember" REL="nofollow">demand</A></B> that their legislators deliver the bill</I>.<BR/><BR/><I>(Permission is granted to reproduce, in whole or part. - Ian)</I>Anonymousnoreply@blogger.com