I will be doing an essay on why I cannot support McCain for President later on. But before I write that article, I'd like to tell you why I'm for Huckabee a little bit instead of why I'm against McCain.
- Pro-life: Mike values life from when it starts: conception.
- Pro-family: the best and happiest families are families that have a mom and a dad. If we redefine marriage to be something other than a woman and a man living together and loving each other, we've redefined the very basic unit of society and have taken the ultimate step towards destroying our nation.
- Pro-small-business: America runs on the small business, not just the mega-corporation. The very basis of the American dream is that I can become self-employed and make a living doing something I love. Big government and big business are two siblings who when paired together tend to restrict and stifle small business enterprise. Mike wants to get the government out of the way of everyday people.
- Pro-second amendment: Mike Huckabee supports the second amendment, but does not apply it to just hunting. He realizes that Americans need to be able to defend themselves from the government in event that it gets so large and so out of control that they need to take it out.
- Pro-FairTax: It's been long said that there are two inescapable realities in life: death and taxes. But imagine choosing what taxes you'll pay? With the FairTax (which BTW, has been thought up by some very smart folks but is also supported by every day citizens like you and me), you only pay taxes on stuff that you choose to purchase. Most people will save a ton of money with the FairTax. Check out the FairTax calculator here to see just how much you'll save!
- Pro-America: the above reasons are just a start of why you should support Huckabee. The biggest reason is that he loves America and knows that it is a great nation and "the last best hope for humanity." More than 300 million reasons why you should vote for Huckabee!
Friday, February 8, 2008
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Gov. Huckabee's advocacy of the FairTax is the single most important policy position in this election. Research findings explain why:
The FairTax rate of 23 percent on a total taxable consumption base of $11.244 trillion will generate $2.586 trillion dollars – $358 billion more than the taxes it replaces [BHKPT].
The FairTax has the broadest base and the lowest rate of any single-rate tax reform plan [THBP].
Real wages are 10.3 percent, 9.5 percent, and 9.2 percent higher in years 1, 10, and 25, respectively than would otherwise be the case [THBNP].
The economy as measured by GDP is 2.4 percent higher in the first year and 11.3 percent higher by the 10th year than it would otherwise be [ALM].
Consumption benefits [ALM]:
• Disposable personal income is higher than if the current tax system remains in place: 1.7 percent in year 1, 8.7 percent in year 5, and 11.8 percent in year 10.
• Consumption increases by 2.4 percent more in the first year, which grows to 11.7 percent more by the tenth year than it would be if the current system were to remain in place.
• The increase in consumption is fueled by the 1.7 percent increase in disposable (after-tax) personal income that accompanies the rise in incomes from capital and labor once the FairTax is enacted.
• By the 10th year, consumption increases by 11.7 percent over what it would be if the current tax system remained in place, and disposable income is up by 11.8 percent.
Over time, the FairTax benefits all income groups. Of 42 household types (classified by income, marital status, age), all have lower average remaining lifetime tax rates under the FairTax than they would experience under the current tax system [KR].
Implementing the FairTax at a 23 percent rate gives the poorest members of the generation born in 1990 a 13.5 percent improvement in economic well-being; their middle class and rich contemporaries experience a 5 percent and 2 percent improvement, respectively [JK].
Based on standard measures of tax burden, the FairTax is more progressive than the individual income tax, payroll tax, and the corporate income tax [THBPN].
Charitable giving increases by $2.1 billion (about 1 percent) in the first year over what it would be if the current system remained in place, by 2.4 percent in year 10, and by 5 percent in year 20 [THPDB].
On average, states could cut their sales tax rates by more than half, or 3.2 percentage points from 5.4 to 2.2 percent, if they conformed their state sales tax bases to the FairTax base [TBJ].
The FairTax provides the equivalent of a supercharged mortgage interest deduction, reducing the true cost of buying a home by 19 percent [WM].
ALERT: Kotlikoff refutes Bruce Bartlett's shabby critiques of the FairTax.
Huckabee is evil and this blogger has proven it pretty conclusively.
Moron that later . . .
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