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November 23, 2008 3:14:35 AM CST


fair tax

fair tax news stories

2 Stories

Tax Issues Loom Over Campaign

Candidates offer differing views on 'fair tax,' extending Bush cuts

(Newser) - With President Bush’s tax cuts set to expire in 2010, tax reform could become a key issue in this year’s presidential race, the Christian Science Monitor reports. Most Republican candidates favor extending the cuts, though Mike Huckabee and Ron Paul support eliminating income tax altogether. The Democratic candidates almost universally favor repealing Bush’s cuts but differ slightly in their proposals. More »

Huckabee Woos Voters With
23% Sales Tax

'Fair tax' would
abolish IRS, and be
a windfall for the rich

(Newser) - Supporting a 23% sales tax ought to be political suicide, but Mike Huckabee is making it work, the Los Angeles Times reports. Huckabee has championed the so-called “fair tax,” a radical proposal that would abolish the federal income tax and tax spending instead. The plan favors the rich, but by tapping into America’s hatred for the IRS, it has helped vault Huckabee into the top tier of candidates. More »

More about:  Election 2008 Mike Huckabee taxes IRS federal income tax sales tax fair tax

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