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Topics in the News: Flat Tax


Rick Santorum on Tax Reform : Jan 28, 2016
My 10% flat tax brings 3.5M jobs back to America

My plan will bring three and a half million jobs into this country, and we have provisions in the flat tax for the corporate side that actually has a phase-in of manufacturing [taxes]. We're going to also have a repatriation provision which says that if you have money overseas, bring it back. The most you'll be taxed is 10%, so invest it in America. Create jobs here in America with money that's sitting overseas.
Click for Rick Santorum on other issues.   Source: 2016 Fox News Republican Undercard debate in Iowa

Mike Huckabee on Tax Reform : Jan 28, 2016
Higher tax brackets punish people for more work

I support the FairTax because it would empower people at the bottom of the economy by no longer punishing them for their work. If a guy works 16 hours, he doesn't get a double paycheck because he's going to be bumped up into a new tax bracket, and the government will get more of his second shift than he will. So, we've actually punished him for being industrious.
Click for Mike Huckabee on other issues.   Source: 2016 Fox News Republican Undercard debate in Iowa

Mike Huckabee on Corporations : Nov 10, 2015
Stop punishing manufacturing; stop punishing work

We'd get rid of taxes on people's work, so, we wouldn't punish people for working anymore. We've lost five million manufacturing jobs since 2000. The jobs are in Mexico, they're in China, they're in Indonesia. Bring the jobs back. And with the FairTax, you do that, because you don't tax capital and labor. And here's the best part. We don't reduce the IRS, we get rid of the IRS.
Click for Mike Huckabee on other issues.   Source: Fox Business/WSJ Second Tier debate

Rick Santorum on Tax Reform : Nov 10, 2015
20% flat tax on all income of all types

Q: What is the highest percentage, all in, in the way of taxes, that any American should have to pay and what is the lowest? I'd like to to hear from each of you.

SANTORUM: I have a 20 percent flat tax. That's on all income--so capital gains, corporations, individuals, 20 percent. I think that's a fair number. I don't allow for deductibility of state and local taxes, which will require state and local taxes to go down. So the answer is, 20 percent and probably 33 percent overall.

Gov. JINDAL: Under our tax plan, the top rate is 25%, [then for the middle class] 10%, [then everyone else pays] 2%.

Gov. CHRISTIE: Our plan puts forward a rate of 28% for those who are making the most and 8% on the low end. We get rid of all deductions except for the home mortgage interest deduction and the charitable contribution deduction. That means getting rid of the state and local income tax deduction.

Click for Rick Santorum on other issues.   Source: Fox Business/WSJ Second Tier debate

Ted Cruz on Tax Reform : Nov 10, 2015
There are more words in the tax code than in the Bible

The current system isn't fair. Washington is fundamentally corrupt. There are more words in the IRS code than there are in the Bible and not a one of them is as good. Every one of them reflects a carve-out or a subsidy, and it's all about empowering the Washington cartel. My simple Flat Tax says that, for a family of four, for the first $36,000 you earn, you pay no taxes whatsoever. No income taxes, no payroll taxes, no nothing. Above that, every American pays 10 percent across the board.
Click for Ted Cruz on other issues.   Source: Fox Business/WSJ Second Tier debate

Mike Huckabee on Tax Reform : Nov 10, 2015
FairTax is better than punishing productivity

If we got rid of all the taxes on our work, got rid of the taxes on our savings, investments, capital gains, and inheritance, and made a zero tax, we'd pay at the point of consumption. Why should we punish people for their productivity? The FairTax doesn't punish people for doing well and building the economy. Give a person his whole paycheck because every American would no longer have a payroll tax taken out.
Click for Mike Huckabee on other issues.   Source: Fox Business/WSJ Second Tier debate

Ted Cruz on Corporations : Oct 28, 2015
Business flat tax of 16%; big business same as small

I rolled out my tax plan today. It is a simple flat tax where a family of four pays nothing on the first 36,000. After that, you pay 10 percent of the flat tax going up. The billionaire and the working man. No hedge fund manager pays less than his secretary. On top of that, there is a business flat tax of 16 percent. That applies universally to giant corporations and to small businesses.
Click for Ted Cruz on other issues.   Source: GOP "Your Money/Your Vote" 2015 CNBC 1st-tier debate

Rick Santorum on Free Trade : Oct 28, 2015
Tariffs only hurt working men and women

We shouldn't be putting tariffs on anything. That hurts working men and women. What we should do is making our manufacturing more competitive. One of the reasons I introduced the 20/20 plan, a 20 percent flat tax on corporations, as well as on individuals, is so we can be competitive, so we can bring those manufacturing jobs back. We need to take those jobs from China and bring them back here.
Click for Rick Santorum on other issues.   Source: GOP "Your Money/Your Vote" 2015 CNBC 2nd-tier debate

Rand Paul on Social Security : Oct 28, 2015
Shifting payroll tax to business helps middle class the most

RUBIO: [In my tax plan], the greatest gains, percentage-wise, for people, are gonna be at the lower end of our plan, and here's why: because in addition to a general personal exemption, we are increasing the per-child tax credit for working families.

PAUL: Much of the discussion is centered over whether or not the different tax plans help the middle class. In fact, it's the chief argument by Democrats against many of the different flat tax proposals. Mine is unique in the sense that my tax plan actually gets rid of the payroll tax as well. It shifts it to the business, and it would allow middle class people to get a tax cut. If you just cut their income tax, there isn't much income tax to cut. Mine actually cuts the payroll tax, and I think it would spread the tax cut across all socioeconomic levels, and would allow then it to be something that would be broadly supported by the public in an election.

CRUZ: Rand's plan is a good plan. My 10% plan also eliminates the payroll tax.

Click for Rand Paul on other issues.   Source: GOP `Your Money/Your Vote` 2015 CNBC 2nd-tier debate

John Kasich on Tax Reform : Oct 28, 2015
My plan is no fantasy; I moved Ohio from $8B to $2B surplus

Q [to Ben Carson]: Your 15% flat tax plan leaves you with a $1.1 trillion hole.

CARSON: You also have to get rid of all the deductions and all the loopholes. You also have to do some strategic cutting in several places. Remember, we have 645 federal agencies and subagencies. Anybody who tells me that we need every penny in every one of those is in a fantasy world.

Gov. KASICH: We're going to have a 10% tithe, and just fix everything with waste, fraud, and abuse? Folks, we've got to wake up! These plans would put us trillions of dollars in debt. I actually have a plan. Why don't we just give a chicken in every pot while we're coming up with these fantasy tax gains? You have to deal with entitlements. You have to control discretionary spending. I went into Ohio where we had an $8 billion hole, and now we have a $2 billion surplus. We are up 347,000 jobs. In Washington, I fought to get the budget balanced. I was the architect. We cut taxes, and we have a $5 trillion projected surplus when I left.

Click for John Kasich on other issues.   Source: GOP `Your Money/Your Vote` 2015 CNBC 1st-tier debate

Ben Carson on Tax Reform : Oct 28, 2015
Tithing at 15%, plus removing all loopholes & waste

Q: You have a flat tax plan of 10%. I've had a really tough time trying to make the math work on this. It's going to leave us in a $2 trillion hole.

CARSON: I didn't say that the rate would be 10%; I used the tithing analogy. The rate is going to be much closer to 15%.

Q: 15% still leaves you with a $1.1 trillion hole.

CARSON: You also have to get rid of all the deductions and all the loopholes. You also have to do some strategic cutting in several places. Remember, we have 645 federal agencies and subagencies. Anybody who tells me that we need every penny in every one of those is in a fantasy world.

Q: You would have to cut government by about 40% to make it work with a $1.1 trillion hole.

CARSON: It's not true.

Q: It is true. I looked at the numbers.

CARSON: When we put all the facts down, you will be able to see that it works out very well.

Gov. KASICH: We're going to have a 10% tithe, and just fix everything with waste, fraud, and abuse? Folks, we've got to wake up!

Click for Ben Carson on other issues.   Source: GOP `Your Money/Your Vote` 2015 CNBC 1st-tier debate

Rick Santorum on Tax Reform : Oct 28, 2015
My tax plan reduces taxes for every income bracket

If you look at my flat tax, it actually takes the best of what many have been advocating for a long time, which is a strong pro-growth tax code. We have a system that has a low single rate, but we take care of American families. I'm talking about $2,750 per person. That means a family of four has a $11,000 dollar tax credit.
Click for Rick Santorum on other issues.   Source: GOP "Your Money/Your Vote" 2015 CNBC 2nd-tier debate

Rand Paul on Social Security : Sep 16, 2015
Get rid of payroll tax to give working class a tax cut

Our companies, and jobs are being chased overseas by a 70,000 page tax code, so, that's why I've chosen to get rid of the whole thing, and have one single rate, 14 and a-half percent for everybody, business, and for corporate income, and personal income. But, we also get rid of the payroll tax, so the working class would get a tax break as well. So, I think a flat tax, eliminating the tax code, getting rid of all the loopholes, is the way to go, and it's the way we get America going again.
Click for Rand Paul on other issues.   Source: 2015 Republican two-tiered primary debate on CNN

Ben Carson on Tax Reform : Sep 16, 2015
Progressive taxation on the rich--that's socialism

Q [to Carson]. You support scrapping the entire tax code and replacing it with a flat tax. Donald Trump believes in progressive taxation. He says it's not right that rich people pay the same as the poor. Tell Donald Trump why his ideas on taxes are wrong

CARSON: It's all about America. You know, the people who say "the guy who paid $1 billion because he had $10 billion, he has still got $9 billion left, that's not fair, we need to take more of his money." That's called socialism. That doesn't work so well. What made America into a great nation was the fact that we said, that guy just put in $1 billion, let's create an environment that's even more conducive to his success so that next year he can put in $2 billion. And that's the kind of thing that helps us to grow. We can't grow by continuing to take a piece of pie, and dividing it, and redistributing it.

Q: Do you support the FairTax, like Governor Huckabee?

CARSON: I'm evaluating the FairTax, and I'm talking to the American people.

Click for Ben Carson on other issues.   Source: 2015 Republican two-tiered primary debate on CNN

Donald Trump on Tax Reform : Sep 16, 2015
Raise graduated taxes on hedge fund managers

Q: Donald Trump says that the hedge fund guys are getting away with murder by paying a lower tax rate. He wants to raise the taxes of hedge fund managers, as does Governor Bush. Do you agree?

CARSON: The people who [oppose flat taxes]--that's called socialism.

Q: What about the FairTax?

TRUMP: What I don't like about the FairTax is that if you make $200 million a year, you pay 10%, you're paying very little relatively to somebody that's making $50,000 a year, and has to hire H&R Block because the middle class. The hedge fund guys won't like me as much as they like me right now. I know them all, but they'll pay more. I know people that are making a tremendous amount of money and paying virtually no tax, and I think it's unfair.

Click for Donald Trump on other issues.   Source: 2015 Republican two-tiered primary debate on CNN

Rick Santorum on Tax Reform : Sep 16, 2015
20/20 tax plan: all income treated the same

Q: Jeb Bush has proposed a tax reform plan, and in it, he limits deductions, including the popular home mortgage deduction. Would you?

SANTORUM: Actually, I'm going to be proposing a plan, I call it the 20/20 perfect vision for America as flat tax, a 20% flat tax on income, 20% flat tax on capital gains and on corporations. We eliminate all the deductions and special interest provisions. We deal with the carried interest issue, because everybody pays the same 20%. So, there's no advantage as to how you take your income. That will create growth. We put a 20% rate on corporations; then we're competitive with almost every country in the world. We allow for expensing; we have a three year phase in. We start at zero for manufacturers, phase it up to 20. So, the answer is, we're going to lower, and flatten taxes. We're going to put government on a budget: a 10% across the board cut.

Click for Rick Santorum on other issues.   Source: 2015 Republican two-tiered primary undercard debate on CNN

Mike Huckabee on Tax Reform : Sep 16, 2015
Get rid of all taxes on people who produce

Q You have said that you are bothered by the fact that hedge fund managers pay such a low tax rate and make 2,500 times what people who work for them make. Do you agree with what Donald Trump and Governor Bush have proposed, raising their tax rates?

HUCKABEE: I have a different idea. I think we ought to get rid of all the taxes on people who produce. Why should we penalize productivity? And it's why I'm an unabashed supporter of the "fair tax," which would be a tax on our consumption, rather than a tax on our productivity. In other words, you're not going to tax anybody for what they earn, whether it's worker whose working by the hour or whether it's a hedge fund manager. If they can produce something and bring capital and labor to create jobs, we need some jobs. And I think the "fair tax" makes more sense. What I'd love to see us do by no longer penalizing the people who are out there working because they are taking a gut punch right now.

Click for Mike Huckabee on other issues.   Source: 2015 Republican two-tiered primary debate on CNN

Ben Carson on Tax Reform : Aug 16, 2015
Flat tax of 10%-15% is fairest option, even for low-income

Q: You want to impose a flat tax between 10% & 15% for all taxpayers. That would be a big tax increase for low-income earners. Currently, the bottom 1/5 of households in terms of income face an average federal tax rate of 2%.

A: I want things to be fair for everybody. When you do things on a proportional basis, it works very well. 10% is an easy number to use because it's easy to do the calculations. But you know, you make $10 billion, you pay a billion. Now there are a lot of people that say that's a problem because the guy still has got $9 billion left and we need to take more of his money. But that's called socialism. But the problem with socialism is that it ends up looking the same, with a small group of elite at the top, and a rapidly diminishing middle class and a vastly expanded dependent class. That's not America.

Q: So include low earners as taxpayers?

A: When you have a tax system that includes everybody, it's very difficult for the politicians to engage in raising taxes.

Click for Ben Carson on other issues.   Source: Fox News Sunday 2015 coverage of 2016 presidential hopefuls

Ben Carson on Tax Reform : Aug 16, 2015
Concentrate on incentivizing entrepreneurial risk taking

Q: We've had a principle in this country of a progressive tax rate--the tax rate is lower for lower income people and gets higher for wealthier people. You want to impose a flat tax between 10% & 15% for all taxpayers. That would violate the principle of a progressive tax rate.

CARSON: What we have to think about is, "How do we fix the economy so that it encourages entrepreneurial risk taking and capital investment? How do we create a ladder that allows those people in the lower income brackets to move up that ladder?" That's what we need to be concentrating on. Not how do we make them comfortable in that situation. That's not what America was all about. And we can do that.

Click for Ben Carson on other issues.   Source: Fox News Sunday 2015 coverage of 2016 presidential hopefuls

Rand Paul on Tax Reform : Aug 9, 2015
Flat tax 14.5% on personal income; & 14.5% value added tax

Q: You favor a flat tax of 14.5% on personal income and a 14.5% European style VAT. That is estimated to result in a $3 trillion loss in revenue over a decade. 80% of the money that this government spends is on entitlements and servicing the debt. What do you do?

PAUL: We have to look at everything across the board and all of government needs to be smaller. I have put forward three five-year plans that balance the budget over five years, including significant tax cuts. If you want a Republican that's going to keep government the same size by having revenue neutral tax and not really cutting tax, I'm not the guy. The Tax Foundation said that my plan would create millions of jobs and that mine is the most pro-growth tax plan ever presented. [My tax plan] helps the poor and the working class because my tax plan gets rid of the payroll tax. Social Security will be paid for by businesses and not by individuals, so a guy making $40,000 a year will get $2,000 more in their check every year.

Click for Rand Paul on other issues.   Source: Fox News Sunday 2015 coverage of 2016 presidential hopefuls

Rand Paul on Tax Reform : Aug 9, 2015
Flat tax doesn't exacerbate income inequality

Q: Under your tax plan, with a flat tax of 14.5 percent on personal income and a 14.5 percent European style VAT, a family making from $50,000 to $75,000 would get a 3% rise in income. Sounds good. But a family making more than $1 million a year would get a 13% rise in income. Doesn't your plan massively increase income inequality?

PAUL: Income inequality is due to some people working harder and selling more things. If people voluntarily buy more of your stuff, you'll have more money. And it is a fallacious notion to say that rich people get more money back in a tax cut. If you cut taxes by 10%, 10% of $1 million is more than 10% of $1,000 so obviously people who paid more in taxes will get more back.

Click for Rand Paul on other issues.   Source: Fox News Sunday 2015 coverage of 2016 presidential hopefuls

Ben Carson on Tax Reform : Aug 6, 2015
God's a pretty fair guy, so tithing is better than FairTax

Q: Will you abolish the IRS?

HUCKABEE: We can get rid of the Internal Revenue Service if we would pass the FairTax, and move power back where the founders believed it should have been all along.

Q: Dr. Carson, do you agree with that?

CARSON: What I agree with is that we need a significantly changed taxation system. And the one that I've advocated is based on tithing, because I think God is a pretty fair guy. And he said, you know, if you give me a tithe, it doesn't matter how much you make. If you've had a bumper crop, you don't owe me triple tithes. And if you've had no crops at all, you don't owe me no tithes. So there must be something inherently fair about that. And that's why I've advocated a proportional tax system. You make $10 billion, you pay a billion. You make $10, you pay one. And everybody gets treated the same way. And you get rid of the deductions, you get rid of all the loopholes. And I have a lot more to say about it.

Click for Ben Carson on other issues.   Source: Fox News/Facebook Top Ten First Tier debate transcript

Mike Huckabee on Tax Reform : Aug 6, 2015
FairTax gets rid of IRS and sifts power back to the states

Q: Will you abolish or cut the size of the EPA, the IRS, the Department of Education?

HUCKABEE: There are a lot of things happening at the federal level that are absolutely beyond the jurisdiction of the Constitution. This is power that should be shifted back to the states, whether it's the EPA or the Department of Education. We can get rid of the Internal Revenue Service if we would pass the FairTax, and move power back where the founders believed it should have been all along.

Click for Mike Huckabee on other issues.   Source: Fox News/Facebook Top Ten First Tier debate transcript

Mike Huckabee on Tax Reform : Aug 6, 2015
FairTax broadens tax base to include non-wage-earners

Q: You say that changing entitlements would be breaking a promise to the American people, and you say that you can keep those programs, save Social Security, save Medicare, without major reforms through a FairTax, which is a broad tax on consumption. How that would work?

HUCKABEE: One of the reasons that Social Security is in so much trouble is that the only funding stream comes from people who get a wage. The people who get wages is declining dramatically. Most of the income in this country is made by people at the top who get dividends and capital gains. The FairTax transforms the process by which we fund Social Security and Medicare because the money paid in consumption is paid by everybody, including illegals, prostitutes, pimps, drug dealers, all the people that are freeloading off the system now. That's why it ought to be a transformed system.

Click for Mike Huckabee on other issues.   Source: Fox News/Facebook Top Ten First Tier debate transcript

Lindsey Graham on Tax Reform : Jun 1, 2015
Increase revenues to reduce national debt

Graham would move toward a flat tax; his plan is to increase revenue, potentially including taxes, to help balance the budget.

A deficit hawk, Graham believes the national debt has ballooned to the degree that spending cuts alone cannot address it and Republicans must put revenue increases on the table.

On tax reform, he has advocated for a flat income tax rate which would be the same across incomes, allowing deductions for home ownership, charitable giving or taxpayers living on fixed incomes.

Click for Lindsey Graham on other issues.   Source: PBS News Hour "2016 Candidate Stands" series

Mike Huckabee on Tax Reform : May 24, 2015
Bottom 1/3 of economy benefits most from the FairTax

Q: Critics of your FairTax proposal say the problem with that is it's too regressive. The average rate for the lowest income group would exceed 33%, while the average for the top group would fall to less than 16%. The rich are going to end up making out pretty well under this.

A: They have it exactly wrong. In fact, it's the bottom third of the economy who benefit the most from the FairTax. The people of the top third of the economy benefit the least, although everybody benefits some. That tax study is one that has been discredited by the people who spend over $20 million, very thorough, thoughtful economic study developing the fair tax. The difference is that the FairTaxhas what's called the pre-bate, which untaxes people for their necessities. So, if you're at the bottom 1/3, chances are you really don't pay any effective tax whatsoever in the consumption tax because you are consuming less & you're getting a pre-bate, which is a rebate in advance for that what you would have spent

Click for Mike Huckabee on other issues.   Source: Fox News Sunday 2015 coverage of 2016 presidential hopefuls

Ben Carson on Tax Reform : May 10, 2015
Proposes a flat tax between 10 and 15 percent

Q: One of the pillars of your economic program is a flat tax.

CARSON: I like the idea of a proportional tax. That way you pay according to your ability. And I got that idea from the Bible, tithing. You make $10 billion a year, you pay $1 billion. You make $10 a year, you pay $1. And also, if everybody is paying, it makes it very difficult for these politicians to come along and raise taxes. It's easy to raise it on 1 percent or 2 percent or 5 percent. It's very difficult to raise it on 100 percent.

CARSON: Wrong.

Q: Low and middle- income families would get a big tax hike, while wealthy families would actually get a tax cut.

CARSON: I don't agree with that assessment, let me put it that way, because I've been in contact with many economists. And, in fact, if you eliminate loopholes and deductions, then you're really talking about a rate somewhere between 10 percent and 15 percent.

Click for Ben Carson on other issues.   Source: Fox News Sunday 2015 coverage of 2016 presidential hopefuls

Mike Huckabee on Tax Reform : May 5, 2015
Replace IRS & income tax with national sales tax

Huckabee would eliminate the income tax and the IRS, replacing it with national sales tax

Huckabee proposes a national "Fair Tax." The idea would eliminate income, corporate, capital gains and a number of other taxes and replace them with a single sales tax. He would also eliminate the IRS, arguing the simple system would make it unnecessary.

Click for Mike Huckabee on other issues.   Source: PBS News Hour "2016 Candidate Stands" series

Ben Carson on Tax Reform : May 3, 2015
IRS unneeded with proportional flat tax system

Writing in the Washington Times in 2013, Carson advocated a "proportional" or flat tax system in which every American would pay the same rate. He would eliminate corporate loopholes and also eliminate policies sheltering the poor from having to pay taxes. Such a system, he argued, would make the IRS unnecessary.
Click for Ben Carson on other issues.   Source: PBS News Hour "2016 Candidate Stands" series

Rand Paul on Tax Reform : Apr 7, 2015
EZ Tax: $700B tax cut via 17% flat tax

As President, I would promote a Fair and Flat Tax plan, known as the "EZ Tax." My tax plan would be the largest tax cut in American history ($700 billion per year), reforming individual, business, and worker taxes.

The tax reform plan will include a 17% flat tax for individuals and businesses, making it the most competitive in the world. This would bring more businesses back to America, and leave more money in the hands of hard working Americans. The tax reform plan would also provide low and middle-income workers with an exemption from the Social Security payroll tax.

The flat tax would also eliminate every form of unfair, double taxation in the United States, including the capital gains, dividend, estate, gift, and interest tax.

My EZ Tax plan encourages our businesses to be competitive in the global economy with lower rates, while also leaving more money in the hands of the hardworking middle class.

Click for Rand Paul on other issues.   Source: 2016 presidential campaign website, RandPaul.com, "Issues"

Rand Paul on Tax Reform : Feb 26, 2015
Balanced budget and a simple, fair tax system

We need to return to our founding principles and stand up for the entire Bill of Rights. Our future can include a road back to prosperity--back to respect at home and abroad. It should include a balanced budget and a simple, fair tax system.

It should include a government that protects your rights and your security. It should include a stronger, better and more agile military. It's time for a new way. A new set of ideas. A new leader: One you can trust--one who works for you.

Click for Rand Paul on other issues.   Source: Speech at 2015 Conservative Political Action Conference

Ted Cruz on Principles & Values : Mar 7, 2014
We win elections by bold principles & a positive agenda

How do we win elections? In the contrast between corrupt Washington and the American people, we stand with the American people. We stand with a straight-forward and bold and positive agenda to inspire the young, to inspire women, to inspire Hispanics-- to inspire everybody.
  1. Defend the Constitution--all of it.
  2. We need to abolish the IRS. We need to adopt a simple flat tax.
  3. We need to expand energy in this country and expand high-paying jobs all over America.
  4. We need to expand school choice.
  5. We need to repeal Dodd-Frank.
  6. We need to audit the Federal Reserve.
  7. We need to pass a strong balanced budget amendment.
  8. We need to repeal every single word of ObamaCare.
  9. We need to stop the lawlessness [of Obama and ObamaCare].
  10. We need to end the corruption.
A friend of mine suggested a bumper sticker slogan, "Republicans, we waste less." You win elections by standing for principle, inspiring people that there is a better tomorrow.
Click for Ted Cruz on other issues.   Source: Speech at 2014 CPAC convention

Ben Carson on Tax Reform : Feb 13, 2013
Bible endorses flat tax--10% tithing

Although much of Carson's speech focused on personal responsibility, he offered two concrete policy ideas. The first is a flat tax. The Bible endorses the idea, Carson explained. Everyone should tithe--give 10 percent--in good times and bad. It doesn't have to be 10 percent, he conceded. It's the principles of proportionality and simplicity that matter.

Critics complain that the poor guy who puts in $1 will be hurt more than the rich guy who puts in $1 billion. But, Carson asks: "Where does it say you've got to hurt the [rich] guy? He just put a billion dollars in the pot. We don't need to hurt him. It's that kind of thinking that has resulted in 602 banks in the Cayman Islands."

Click for Ben Carson on other issues.   Source: 2013 Conservative Political Action Conf. in National Review

Roseanne Barr on Tax Reform : Sep 24, 2012
48% tax on high income earners is fair

Q: The top 10% pays almost 70% of the federal income tax bill. How much out of every dollar should the highest tax individuals be able to keep?

A: Well, I think we should have a fair tax. I think that all of this stuff is a big dialog that we need to have. I know that I pay 48% of my income to taxes. You know, I wouldn't mind so much if it wasn't going just to export war. If it was actually going to help the people of the United States, I would gladly pay more.

Click for Roseanne Barr on other issues.   Source: 2012 Presidential interview on Fox News "Hannity"

Jill Stein on Corporations : Jan 25, 2012
Make all corporate tax subsidies transparent

We will honor that oldest of American rights, the right to fair taxation that's distributed in proportion to ability to pay. And we will make any corporate tax subsidies transparent by putting these subsidies in public budgets where they can be scrutinized, not hidden as tax breaks in complicated tax codes.

In honoring these rights we will create the basis for a new economy--an economy that is stable and not vulnerable to speculation--an economy that is prosperous and that pays for itself through the creation of real wealth that is distributed throughout America--an economy that is no longer dragged down by big corporations preying on the elderly, the poor, the disabled, the unemployed, and the young, but which instead supports small business, individual liberty, and local, thriving communities.

Click for Jill Stein on other issues.   Source: Green Party 2012 People's State of the Union speech

Jill Stein on Jobs : Jan 25, 2012
Economic Bill of Rights: unionize; fair taxation; fair trade

The Green New Deal begins with an Economic Bill of Rights that recognizes our rights to an economy that serves people. This means that everyone willing and able to work has the right to a job at a living wage. All of us have the right to quality education, health care, utilities, and housing. Each of us has the right to unionize, to fair taxation, and to fair trade.

This means that everyone willing and able to work has the right to a job at a living wage. All of us have the right to quality education, health care, housing and utilities. Each of us has the right to unionize, to fair taxation, and to fair trade.

The promise of an Economic Bill of Rights came out of the last period of widespread, extreme economic hardship, the Great Depression. In 1944, FDR said that "true individual freedom cannot exist without economic security and independence." And 20 years later, Martin Luther King raised up the call for an Economic Bill of Rights once again.

Click for Jill Stein on other issues.   Source: Green Party 2012 People's State of the Union speech

Rick Santorum on Tax Reform : Jan 16, 2012
Just two income tax rates: 10% and 28%

Q: What is the highest federal income tax any American should have to pay? We are looking for a number.

PERRY: Seven percent flat tax. Simple. Keep it simple.

SANTORUM: Well, my plan has two rates, 10 and 28 percent, which is the highest rate under Ronald Reagan when he cut taxes.

ROMNEY: I would like 25 percent, but right now it's at 35, so people better pay what is legally required. But ultimately let's get it down to as low as we possibly can, if it's 20, if it's 25 but paying more than 25 percent, I think, is taking too much out of our pockets.

GINGRICH: I would like to see it be a flat tax at 15 percent and I would like to see us reduce government to meet the revenue, not raise revenue to meet the government.

PAUL: Well, we should have the lowest tax that we've ever had, and up until 1913 it was 0%. What's so bad about that?

Click for Rick Santorum on other issues.   Source: Fox News debate on MLK Day in Myrtle Beach, SC

Newt Gingrich on Tax Reform : Jan 16, 2012
Flat tax at 15%; reduce government to make that work

Q: What is the highest federal income tax any American should have to pay? We are looking for a number.

PERRY: Seven percent flat tax. Simple. Keep it simple.

SANTORUM: Well, my plan has two rates, 10 and 28 percent, which is the highest rate under Ronald Reagan when he cut taxes.

ROMNEY: I would like 25 percent, but right now it's at 35, so people better pay what is legally required. But ultimately let's get it down to as low as we possibly can, if it's 20, if it's 25 but paying more than 25 percent, I think, is taking too much out of our pockets.

GINGRICH: I would like to see it be a flat tax at 15 percent and I would like to see us reduce government to meet the revenue, not raise revenue to meet the government.

PAUL: Well, we should have the lowest tax that we've ever had, and up until 1913 it was 0%. What's so bad about that?

Click for Newt Gingrich on other issues.   Source: Fox News debate on MLK Day in Myrtle Beach, SC

Mitt Romney on Tax Reform : Jan 16, 2012
Reduce top income tax from 35% to 25%

Q: What is the highest federal income tax any American should have to pay? We are looking for a number.

PERRY: Seven percent flat tax. Simple. Keep it simple.

SANTORUM: Well, my plan has two rates, 10 and 28 percent, which is the highest rate under Ronald Reagan when he cut taxes.

ROMNEY: I would like 25 percent, but right now it's at 35, so people better pay what is legally required. But ultimately let's get it down to as low as we possibly can, if it's 20, if it's 25 but paying more than 25 percent, I think, is taking too much out of our pockets.

GINGRICH: I would like to see it be a flat tax at 15 percent and I would like to see us reduce government to meet the revenue, not raise revenue to meet the government.

PAUL: Well, we should have the lowest tax that we've ever had, and up until 1913 it was 0%. What's so bad about that?

Click for Mitt Romney on other issues.   Source: Fox News debate on MLK Day in Myrtle Beach, SC

Rick Perry on Tax Reform : Jan 16, 2012
7% flat tax on all income; keep it simple

Q: What is the highest federal income tax any American should have to pay? We are looking for a number.

PERRY: Seven percent flat tax. Simple. Keep it simple.

SANTORUM: Well, my plan has two rates, 10 and 28 percent, which is the highest rate under Ronald Reagan when he cut taxes.

ROMNEY: I would like 25 percent, but right now it's at 35, so people better pay what is legally required. But ultimately let's get it down to as low as we possibly can, if it's 20, if it's 25 but paying more than 25 percent, I think, is taking too much out of our pockets.

GINGRICH: I would like to see it be a flat tax at 15 percent and I would like to see us reduce government to meet the revenue, not raise revenue to meet the government.

PAUL: Well, we should have the lowest tax that we've ever had, and up until 1913 it was 0%. What's so bad about that?

Click for Rick Perry on other issues.   Source: Fox News debate on MLK Day in Myrtle Beach, SC

Andrew Cuomo on Tax Reform : Jan 4, 2012
A flat tax is not a fair tax

We fought for tax fairness. For decades, millions of New Yorkers were burdened with an unfair tax code. Whether a person made $20,000 or $20 million, they paid the same rate. It was just wrong--because a flat tax is not a fair tax. We added new brackets for the middle class and for high earners. The more you make, the higher rate you pay. And we stimulated our economy by cutting taxes for New Yorkers earning $40,000 to $300,000. Today, the middle class is paying the lowest rate in 58 years.
Click for Andrew Cuomo on other issues.   Source: 2012 New York State of the State Address

Mitt Romney on Tax Reform : Nov 22, 2011
1996: flat tax is unfair to the middle class

In 1995-96, Mitt seriously explored the possibility of taking on Kerry. Had he run and lost, his political career could have ended right there. However, he backed off when the popular GOP governor Bill Weld decided to challenge Kerry (Weld lost). Romney's most notable political action of the year may have been the series of full-page ads he took out during the 1996 primary election season blasting Republican presidential candidate Steve Forbes's "flat tax" proposal as unfair to the middle class.
Click for Mitt Romney on other issues.   Source: An Inside Look, by R.B. Scott, p. 81

Mitt Romney on Tax Reform : Nov 9, 2011
Tax rate flatter & simpler but still progressive for now

Q: You don't have a flat tax. You're proposing to preserve the Bush-era tax rates. What is wrong with the idea that we should go to one rate? Why do you believe in a progressive tax system?

ROMNEY: Well, I would like to see our tax rates flatter. I'd like to see our code simpler. I'd like to see the special breaks that we have in the code taken out. That's one of the reasons why I take the corporate rate from 35% down to 25%, is to take out some of the special deals. What I want to do is to take our precious dollars & focus them on the people in this country that have been hurt the most, and that's the middle class. The Obama economy has really crushed middle-income Americans. So what I do is focus a substantial tax break on middle-income Americans. Ultimately, I'd love to see us come up with a plan that simplifies the code and lowers rates for everybody. But right now, let's get the job done first that has to be done immediately. Let's lower the tax rates on middle-income Americans.

Click for Mitt Romney on other issues.   Source: 2011 CNBC GOP Primary debate in Rochester MI

Mitt Romney on Budget & Economy : Sep 22, 2011
Obama economy hurt middle class the most, so help them first

CAIN: [to Romney] : My 9-9-9 plan starts with throwing out the current tax code and pass 9% business flat tax, 9% personal income tax, and the 9% national sales tax. It eliminates or replaces the corporate income tax, personal income tax, capital gains tax as well as the estate tax. And unlike Gov. Romney's plan my plan throws out the old one. He's still hooked to the current tax code. That dog won't hunt.

ROMNEY: My intent is to help the people who have been most hurt by President Obama's economy. And the people who have been most hurt are the middle income families of America. And that's why my plan says that if middle income families want to save their money, anybody earning under $200,000 and not pay any taxes on interest, dividends or capital gains, zero tax on their savings, that's the plan I'm for. And I will get that done in my first year.

Click for Mitt Romney on other issues.   Source: 2011 GOP Google debate in Orlando FL

Gary Johnson on Tax Reform : Sep 22, 2011
FairTax would absolutely reboot the American economy

CAIN: [to Johnson] : My 9-9-9 plan starts with throwing out the current tax code and pass 9% business flat tax, 9% personal income tax, and the 9% national sales tax.

JOHNSON: Throwing out the entire federal tax system and replacing it with a consumption tax, the FairTax, which would absolutely reboot the American economy because it does away with the corporate tax to create tens of millions of jobs in this country.

Click for Gary Johnson on other issues.   Source: 2011 GOP Google debate in Orlando FL

Gary Johnson on Tax Reform : Sep 22, 2011
Replace tax system with a FairTax

Q: With regards to jobs, how are you going to turn this country around?

A: My next-door neighbor's dogs have created more shovel-ready jobs than this current administration. Balance the federal budget now, not 15 years from now, not 20 years from now, but now. And throw out the entire federal tax system, replace it with a FairTax, a consumption tax, that by all measurements is just that. It's fair. It does away with corporate income tax. [That would] create tens of millions of jobs in this country.

Click for Gary Johnson on other issues.   Source: 2011 GOP Google debate in Orlando FL

Mitt Romney on Tax Reform : Sep 12, 2011
FairTax is structured poorly against the middle class

Q: Do you support the FairTax?

ROMNEY: The idea of a national sales tax or a consumption tax has a lot to go for it. One, it would make us more competitive globally, as we send products around the world, because under the provisions of the World Trade Organization, you can reimburse that to an exporter. We can't reimburse our taxes right now. It also would level the playing field in the country, making sure everybody is paying some part of their fair share. But the way the fair tax has been structured it has a real problem and that is it lowers the burden on the very highest income folks and the very lowest and raises it on middle income people. And the people who have been hurt most by the economy are the middle class. And so my plan is for middle income Americans, no tax on interest, dividends or capital gains. Let people save their money as the way they think is best. We're taxing too much, we're spending too much and middle income Americans need a break and I'll give it to them.

Click for Mitt Romney on other issues.   Source: 2011 GOP Tea Party debate in Tampa FL

Gary Johnson on Tax Reform : Sep 8, 2011
Replace job-killing tax code with FairTax

Instead of nibbling around the edges of a job-killing tax code, we need to throw it out. Eliminate income, business and payroll taxes altogether, and replace them with a FAIR tax (FairTax.org) that will result in millions of jobs. Instead of spending more, balance the budget now. Get the burden of government spending and borrowing off the economy, and it will flourish. And as the government's chief executive, the President needs to get federal agencies out of the business of managing the economy, and into the business of establishing regulatory certainty. Do those things, and the U.S. will become the job magnet of the world.
Click for Gary Johnson on other issues.   Source: Response to 2011 Jobs Speech, on www.garyjohnson2012.com

Gary Johnson on Social Security : Aug 21, 2011
Raise the retirement age; plus means testing

Q: You told the Wall Street Journal last year that you support means testing for Social Security, for which you said you would raise the eligibility age.

A: I would cut Social Security by raising the retirement age and have common sense means testing that's fair. I would scrap the entire federal tax system and replace it with the FairTax--a one-time consumption tax, with no more Medicare and unemployment payroll deductions--so we'd replace all federal taxes, abolishing the IRS.

Click for Gary Johnson on other issues.   Source: Interview by Scott Holleran on scottholleran.com blog

Gary Johnson on Government Reform : Jul 21, 2011
Government creates jobs by reducing its role, not expanding

Q: Can a president create jobs without expanding the role of the federal government?

A: As I proved in NM, government creates jobs by reducing its role, not expanding it. Get government out of the way. Government can create certainty. Something that is completely lacking at the moment. Eliminate the cooperate income tax completely and adopt what is being called the Fair Tax: a one-time federal consumption tax.

Click for Gary Johnson on other issues.   Source: 2011 Republican primary debate on Twitter.com

Paul Ryan on Tax Reform : Jul 4, 2009
Road Map: simplified two-level flat tax

The Road Map plan simplifies both the personal & corporate tax code. As individuals, we could choose between the current tax code and a simplified two-level flat tax. The simplified plan would tax the first $50,000 of individual income at 10%. All income above $50,000 would be taxed at 25%. There are no taxes on interest, capital gains, dividends, no AMT, and no "death taxes."

The new, simplified tax code eliminates nearly all existing tax deductions and exclusions, but it allows generous standard deductions and personal exemptions. Individuals receive a $12,500 deduction. Personal exemptions allow $3,500 for each family member. Tax return could be done on a post card.

The Road Map plan would not require major changes in the current income tax system now collected by employers. People who don't like the simplified tax alternative could stay with the current tax system. This gives people a choice, and the total tax revenue to the government would be the same. Who could complain about that?

Click for Paul Ryan on other issues.   Source: Saving Freedom, by Jim DeMint, p.243-244

Mike Huckabee on Social Security : Jan 24, 2008
Will try to fix Social Security with FairTax

We’re in trouble is because we have a smaller group of people paying into the Social Security system, fewer wage earners, more Americans getting their wealth from dividends and from investments. I’m a strong supporter of the Fair Tax is that you suddenly have a different funding stream for Social Security. It comes out of the general fund. So you now have a more reliable, a more stable and a much broader funding system that will supply Social Security.
Click for Mike Huckabee on other issues.   Source: 2008 GOP debate in Boca Raton Florida

Mike Huckabee on Tax Reform : Jan 24, 2008
FactCheck: To be revenue-neutral, FairTax raises some taxes

In a lengthy exchange, Huckabee praised the FairTax, saying: “For each third of the economy, there is a benefit, about a 14% benefit for those at the bottom; those in the middle, about a 7%; even those at the very top end of the economy end up with about a 5% benefit.”

Huckabee’s claim that everyone will pay less is a fantasy. The FairTax claims to be revenue neutral. That means that it has to collect the same $2.4 trillion that the current system collects. And remember that the FairTax replaces corporate income and payroll taxes. That means that individuals have to pony up to replace those in addition to replacing the sums collected via personal income and payroll taxes.

So Huckabee is suggesting that the FairTax will generate exactly the same revenue while collecting nothing from corporations and still costing everyone less than they are currently paying. We certainly hope Huckabee has a barrel of magic pixie dust buried somewhere.

Click for Mike Huckabee on other issues.   Source: FactCheck.org on 2008 GOP debate in Boca Raton Florida

Mike Huckabee on Tax Reform : Jan 24, 2008
FactCheck: FairTax does not bring underground into economy

Huckabee said about the FairTax, “Everybody gets in the economy--no more underground economy. Drug dealers, prostitutes, pimps, gamblers, non-Republicans--all of those people out there will be paying taxes. Nobody’s working under the table.”

Huckabee’s suggestion that the FairTax will end the underground economy is highly unlikely. It’s true that pimps and drug dealers will now be taxed when they spend their earnings. But will they really charge johns and junkies sales tax on their purchases It’s a better deal for the person buying the sex or drugs, and a worse deal for the person selling it.

In fact, far from ending the underground economy, there is a real possibility that the FairTax will feed it growth hormones. There would probably be two prices--one you can pay with a check or credit card that includes the FairTax and one you can pay in cash & save 23%. Because there would no longer be any audits of income, tracing such tax evasion would be extremely difficult

Click for Mike Huckabee on other issues.   Source: FactCheck.org on 2008 GOP debate in Boca Raton Florida

Mike Huckabee on Tax Reform : Jan 24, 2008
FairTax will tax the average American much less

Q: How does that help the 93 percent of Americans who are paying 15% or less right now?

A: They’re not paying 15 percent; that’s in their visible tax in the terms of the takeout from their checks. When you include the built-in tax, the embedded tax in the products we buy that corporations build in, the average American is paying 33% in his or her taxes. It would be a dramatic difference if the taxpayers got to choose the taxes, which they would do under the FairTax.

Click for Mike Huckabee on other issues.   Source: 2008 GOP debate in Boca Raton Florida

Mike Huckabee on Tax Reform : Jan 24, 2008
FairTax and its prebate untax the poor and the elderly

People would love to see the IRS abolished. The harder you work, the more you earn, the more the IRS and the government wants from you. What the FairTax does is says, we want you to earn; we want you to save and we want you to buy things and sell things and make a profit. It goes to the common sense of the idea that we should encourage people to work and get something for it. A lot of people have never read the entire FairTax because when I first heard about the FairTax, the consumption tax, quite frankly it sounds like it would be oppressive and regressive to the poor. The poor come out best of all because of the provision in the FairTax called the prebate in which every American, each month, is given the amount of the FairTax back up to the level of poverty. Everybody gets it, not just those under the level of poverty. It actually untaxes the poor, untaxes the elderly. It makes sure that we don’t end up paying taxes on groceries and medicine and the basic necessities of life.
Click for Mike Huckabee on other issues.   Source: 2008 GOP debate in Boca Raton Florida

Newt Gingrich on Tax Reform : Dec 18, 2007
Flat tax proposal criticized for losing popular tax breaks

Four out of five Americans would like to have the option of a one-page tax form with a single tax rate. This concept of an optional flat tax rate was developed by Steve Forbes when his flat tax campaign was undermined by criticisms that it would take away popular tax breaks. Forbes proposed giving American taxpayers an opportunity to choose simplicity versus complexity and a single rate over a lot of deductions. They call it the free choice flat tax, and it's an idea whose time has come.

All workers and corporations would have the freedom to choose each year to file their income taxes either under the new free choice flat tax option or under the current US income tax code.

Rhode Island adopted an optional flat tax, and lawmakers there expect that it will make the state more competitive with neighboring states in attracting new business and entrepreneurs who create jobs.

Click for Newt Gingrich on other issues.   Source: Real Change, by Newt Gingrich, p.143-144

Mike Huckabee on Tax Reform : Dec 12, 2007
Support FairTax with a tax credit for the poor

Over 80 percent of the American people know that the tax code is irreparably broken. I would lead one to a FairTax, and that means that the rich people aren’t going to be made poor, but maybe the poor people could be made rich. That ought to be the goal of any tax system--not to punish somebody, but to enable somebody so that they can have a part of the American dream. The FairTax does just that.
Click for Mike Huckabee on other issues.   Source: 2007 Des Moines Register Republican Debate

Mike Huckabee on Tax Reform : Nov 28, 2007
FactCheck: FairTax would not eliminate IRS; just change role

Huckabee claimed he would get rid of the IRS, a disappearing act that isn’t so easy as he makes it sound. Huckabee said, “The first thing that I would get rid of would be the Internal Revenue Service--a $10-billion-a-year industry. I’m not being facetious. If we enacted the FairTax, we will get rid of the IRS.”

It is true that the FairTax would get rid of the agency that we now call the IRS. But, according to the bill Huckabee supports, the Fairtax would “eliminate” the IRS by replacing it with a new Sales Tax Bureau, which wouldn’t necessarily be much smaller than the existing IRS.

According to the Bush administration study on the FairTax, “The federal administrative burden for a retail sales tax may be similar to the burden under the current system.” The FairTax would also require an entirely new type of bureaucracy to “keep track of the personal information that would be necessary to determine the size of the taxpayer’s cash grant.”

Click for Mike Huckabee on other issues.   Source: FactCheck on 2007 GOP YouTube debate

Mike Huckabee on Tax Reform : Nov 18, 2007
FairTax is 23%; Bush’s study missed prebate & other aspects

Q: You want to set up what you call a FairTax.

A: Right.

Q: This would be a sales tax of 23% on almost every good and service you buy or anyone buys. But a bipartisan panel named by President Bush say to raise enough money, the rate would have to be 34%.

A: They didn’t really study the FairTax. They simply studied a type of consumption tax, not the actual proposal that was designed by some of the leading economists in this country. It is a rate of 23%. It’s not 30% or 34%, as some of the critics complain.

Q: They said that a FairTax would reduce the tax burden on only two groups, those making less than $30,000 a year, because there’s a rebate for people under the poverty line, and those making more than $200,000 a year. So the rich and the poor do better, but the vast middle class ends up paying more taxes.

A: They had a fatal flaw. They didn’t understand that the “prebate” applies to everybody, including the middle class. Everybody comes off better off.

Click for Mike Huckabee on other issues.   Source: Fox News Sunday: 2007 “Choosing the President” interviews

Mike Huckabee on Tax Reform : Oct 9, 2007
FairTax untaxes productivity & things which we export

Q: Tell us about your FairTax. You’re going to get rid of the IRS. You’re going to have basically a consumer tax. If you put a tax on spending, won’t that encourage people to hoard their money rather than spend it, and hurt the economy?

HUCKABEE: Nothing’s going to discourage Americans from spending money! No, the FairTax does something that is absolutely phenomenal for the economy. It untaxes productivity. It untaxes those things which we export.

HUNTER: I’m a sponsor of the FairTax.

Click for Mike Huckabee on other issues.   Source: 2007 Republican debate in Dearborn, Michigan

Mike Huckabee on Tax Reform : Sep 5, 2007
FairTax eliminates all taxes on productivity & saving

Q: You may be the biggest supporter of the FairTax on this stage, that you say replace the income tax with a 23% national sales tax. Now, back in 2005, Pres. Bush’s Tax Reform Commission did a study about the FairTax. They said the sales tax rate would have to be 34%, not 23%, & that no state, no country, has ever put in a 34% sales tax. The commission says that with a FairTax that high, there are only two income groups that would benefit--those making less than $30,000 a year & those making more than $200,000.

A: The Bush tax panel did not look at the FairTax proposal. They looked at something that called itself that, but it was not. The true FairTax proposal is the 23%. And it empowers everyone in the economy, not just the people at the bottom and the very top, but all of the middle class, which is a desperate need. What we would do with the FairTax is to eliminate all the taxes on productivity. You wouldn’t be penalized for saving, earning, for having a capital gain, making an investment.

Click for Mike Huckabee on other issues.   Source: 2007 GOP debate at UNH, sponsored by Fox News

Mike Huckabee on Tax Reform : Aug 26, 2007
Gut this incredibly complex and arcane tax code

Voters want somebody who talks about true tax reform like the fair tax. They embrace that idea in New Hampshire when I talk about it--a complete just gutting of this incredibly complex and arcane tax code we have and replace it with a simple consumption tax that really elevates our economy, gives it a fresh start.
Click for Mike Huckabee on other issues.   Source: Fox News Sunday: 2007 “Choosing the President” interviews

Mike Huckabee on Tax Reform : Aug 5, 2007
Tax system penalizes productivity; needs complete overhaul

Q: The FairTax would eliminate the income tax, estate tax, payroll tax and capital gains tax and replace it with a 23% sales tax. Do you support it?

A: I absolutely support the FairTax. And part of the reason is, the current system is one that penalizes productivity. If we could have the FairTax, you take $10 trillion parked offshore, bring it home, you rebuild the “Made in America” brand, you free up people to earn money, to work, you don’t penalize them for taking a second job, you don’t penalize them for investing, you don’t penalize them for savings.

Today, our tax system doesn’t need a tap of the hammer, a twist of the screwdriver, it needs a complete overhaul. And what the FairTax does, it ends the underground economy. No more illegals, no more gamblers, prostitutes, pimps and dope dealers will be able to escape the tax code. It’s the single great thing that will help this country [achieve a] revitalized economy.

Click for Mike Huckabee on other issues.   Source: 2007 GOP Iowa Straw Poll debate

Mitt Romney on Tax Reform : Aug 5, 2007
Commission studied FairTax and found serious flaws

Q: The FairTax would eliminate the income tax, estate tax, payroll tax and capital gains tax and replace it with a 23% sales tax. Do you support it?

A: It’s good, but it’s not that good. There are a lot of features that are very attractive about a FairTax. Getting rid of the IRS is something we’d all love. But the truth is, we’re going to have to pay taxes. Completely throwing out our tax system and coming up with an entirely new one is something we have to do very, very carefully. The president’s commission on tax reform looked at this and said: Not a good idea. Some of the reasons are the FairTax, for instance, charges a 23% tax, plus state sales tax, on a new home, when you purchase a new home. But if you buy an old home, there’s no tax. Think what that might do to the construction industry. We need to thoroughly take it apart before we make a change of that nature. That’s why my view is, get rid of the tax on savings and let middle-income people save their money tax-free

Click for Mitt Romney on other issues.   Source: 2007 GOP Iowa Straw Poll debate

Mike Huckabee on Tax Reform : May 15, 2007
FairTax puts Going-Out-of-Business sign on IRS

Q: The alternative minimum tax caught 4 million people this year; it’ll get 23 million next year unless Congress acts. How would you eliminate the tax without raising the budget deficit?

A: The simplest way is an active FairTax. That’s the first thing I’d love to do as president, put a “Going Out of Business” sign on the Internal Revenue Service and stop the $10 billion a year that it costs just for them to operate. A FairTax would eliminate the alternative minimum tax [& many other taxes].

Click for Mike Huckabee on other issues.   Source: 2007 Republican Debate in South Carolina

Mike Huckabee on Tax Reform : May 15, 2007
FactCheck: FairTax requires 34% sales tax +$600B entitlement

Huckabee praised a “FairTax” without noting that it would actually impose a stiff retail sales tax & ease the tax burden on the richest Americans:
“A FairTax would eliminate the alternative minimum tax, personal income tax, corporate tax, & al the various taxes that are hidden in our system & Americans don’t realize what they’re paying.”
The FairTax proposes a “prebate” to soften its impact on low-income persons--a monthly check for the amount of tax paid up to the poverty level. But any sales tax also would lower taxes for those upper-income persons who save large portions of income that would be taxed under current law.

Pres. Bush’s bipartisan Advisory Panel on Tax Reform rejected the idea, saying it would substantially increase taxes for 80% of taxpayers. The panel calculated that a sales tax would have to be set at 34% of retail prices, and the monthly cash prebate would amount to the largest entitlement program in history, at least $600 billion per year.

Click for Mike Huckabee on other issues.   Source: FactCheck on 2007 Republican Debate in South Carolina

Mike Huckabee on Tax Reform : May 3, 2007
Flatter, fairer, finite, family friendly overhaul: Fair Tax

Q: In addition to the Bush tax cut, name a tax you’d like to cut.

A: I cut taxes 94 times as governor, but I realize tinkering with it doesn’t work. I’d overhaul it. I would work for the fair tax, which meets the four criteria: flatter, fairer, finite, family friendly. We’d get rid of the IRS. We’re get rid of all capital gains, income, corporate. And we’d have a consumption tax. The fair tax proposal, I believe, offers the best opportunity for all levels of Americans.

Click for Mike Huckabee on other issues.   Source: 2007 GOP primary debate, at Reagan library, hosted by MSNBC

Mike Huckabee on Tax Reform : Jan 4, 2007
Supports national flat tax to keep up with globalization

During the 2000 presidential race, Steve Forbes advocated simplification of the tax code and the implementation of a flat tax. While far from perfect, moving toward a tax that is both flatter and fairer is a goal we should adopt.

One of the arguments for a flat tax is to address a world economy that has radically changed in the last decade. Capital, and even labor, are fluid & mobile. A tax structure that is more predictable, consistent, flatter, and fairer not only represents greater accountability in government but may well be a key element of economic survival as we continue to play on a global stage. Governments unwilling to respond with lower rates and broader tax bases are tempting fate and could continue to see erosion of investment & jobs.

Some argue that a flat tax is especially oppressive to those at the bottom of the economy because they currently pay little of their income to taxes. Making sure that a tax system is fair means we should not ignore the needs of the poor.

Click for Mike Huckabee on other issues.   Source: From Hope to Higher Ground, by Mike Huckabee, p.109-110

Condoleezza Rice on Tax Reform : Oct 13, 2005
Keep taxation low; tax funds must be well-spent

We must keep taxation low. Citizens deserve [that which] is worthy of their hard-earned tax dollars.

Tax payers’ dollars have to be well spent. We owe the American taxpayers an accounting for the fact that its tax dollars are being used well.

[There must] be fair tax laws [or] you’re not going to have [productive] entrepreneurship.

Click for Condoleezza Rice on other issues.   Source: At Eurasian National University, on www.4condi.com, “Issues”

Jesse Ventura on Tax Reform : Dec 10, 2000
Modernize, simplify, & clarify tax system

Click for Jesse Ventura on other issues.   Source: The Big Plan: Service, not Systems

Brian Schweitzer on Tax Reform : Sep 27, 2000
Opposes making income tax flatter & lower

Brian Opposes a national sales tax and a flat tax because they would favor the rich.
Click for Brian Schweitzer on other issues.   Source: www.brianschweitzer.com

Donald Trump on Tax Reform : Jul 2, 2000
Opposes flat tax; benefits wealthy too much

Click for Donald Trump on other issues.   Source: The America We Deserve, by Donald Trump, p.186

  • Additional quotations related to Flat Tax issues can be found under Tax Reform.
  • Click here for definitions & background information on Tax Reform.
Candidates on Tax Reform:
Incumbents:
Pres.Barack Obama
V.P.Joe Biden
Secy.John Kerry
Secy.Chuck Hagel

 Related issues:
Bailout & Stimulus
Death Tax
Federal Reserve
ObamaCare

2016 Presidential contenders:
Gov.Jeb Bush(R-FL)
Dr.Ben Carson(T-MD)
Gov.Chris Christie(R-NJ)
Secy.Hillary Clinton(D-NY)
Sen.Ted Cruz(T-TX)
CEO Carly Fiorina(R-CA)
Gov.Bobby Jindal(R-LA)
Gov.Gary Johnson(L-NM)
Gov.Martin O`Malley(D-MD)
Sen.Rand Paul(R-KY)
Gov.Rick Perry(R-TX)
Sen.Marco Rubio(R-FL)
Sen.Bernie Sanders(I-VT)
Sen.Rick Santorum(R-PA)
Jill Stein(G-MA)
Donald Trump(R-NY)
Gov.Scott Walker(R-WI)
Sen.James Webb(D-VA)
2012 Presidential:
Rep.Michele Bachmann(T-MN)
Mayor Michael Bloomberg(I-NYC)
Mayor Rahm Emanuel(D-IL)
Rep.Newt Gingrich(R-GA)
Gov.Nikk Haley(R-SC)
Gov.Mike Huckabee(R-AR)
Gov.Jon Huntsman(R-UT)
Rep.Peter King(R-NY)
Gov.Sarah Palin(R-AK)
Gov.Deval Patrick(D-MA)
Rep.Ron Paul(R-TX)
Sen.Rob Portman(R-OH)
Gov.Mitt Romney(R-MA)
Rep.Paul Ryan(R-WI)
Gov.Jesse Ventura(I-MN)
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