Pastor Mike wants to stimulate you in FIVE ways. The "Huckabee Stimulus Package" is a HOOT.

[Amerigo Vespucci]

Mike Huckabee's money matters

by Jason George

With recession-fearing Michigan voters entering the voting booths today for the Republican primary there, Gov. Mike Huckabee announced a five-point stimulus package that he says "would guide my economic policymaking on behalf of all Americans."

Much of the package, such as, "I will cut burdensome red tape," is hardly policy heavy. In fact the "five points" are: Family, Fed, Fight, Fuel, Fair.
However there are some specifics:

* Make all higher-education tuition tax deductible.

* Oversee a Federal Reserve that adopts a "pro-growth, low-inflation policy."

* Increase defense spending to 6 percent of GDP.

* Recruit and train "thousands" of troops and "bring our National Guard and Reserves back home."

* Build a fence along the US-Mexico border "with American labor and American materials."

* End U.S. dependency on Middle Eastern oil by January, 2019.

* Preserve and expand the Bush tax cuts.

The last one about the tax cuts is a short-term solution for Huckabee, who wants the country to do away with the Federal income tax and adopt the FairTax, a national sales tax of 23 percent or 30 percent, depending on how you calculate it.

"However, I recognize that passage of the FairTax will not happen overnight," Huckabee said in announcing the package. "In the meantime, I will eliminate the Death Tax, and seek to reduce counterproductively high personal and corporate marginal tax rates."

Posted by Jason George on January 15, 2008 8:01 AM | Permalink

http://weblogs.baltimoresun.com/news/politics/blog/2008/01/mike_huckabees_money_matters.html

[Hugabear]

1. Great, more tax cuts for the wealthiest of the wealthy

The man is a friggin idiot.

[Terran]

2. That national sales tax

is the foulest stupidest fiscal idea ever to come down the pike. I don't suppose Mike Huckabee really is that evil or that big an idiot, but it's hard to imagine otherwise how any reasonably intelligent person can't understand the terrible impact such a policy will have on the poor.

[On the Road]

3. Wait a Minute:

What does this mean?

* Oversee a Federal Reserve that adopts a "pro-growth, low-inflation policy."

The Fed can promote growth by lowering interest rates OR fight inflation by raising interest rates. Take your pick.

"Pro-growth, low-inflation" is bullshit.

[fenriswolf]

4. building a fence is gonna help the economy how?

[robbedvoter]

8. keeping away those who impoverish us - didn't you know the only problem

this economy has is poor furriners coming in to work here? :shrug:

[fenriswolf]

9. oh right

their "stealing" all the jobs. One day their gonna find a big pile of jobs and give 'em back to honest hardworking 'mericans that want to pick oranges and clean motel rooms.

[bullwinkle428]

5. The regressive nature of the incredibly ironically named "Fair Tax"

needs to be shouted from the rooftops in order to point out what a burden this will be to average Americans!

[robbedvoter]

6. You notice how every relief is "tax deduction"? Only the afluent benefit, not those

who really need the help.

[ayeshahaqqiqa]

7. If Huckster follows his pattern in Arkansas,

first he'll add taxes and then forget to take away the income tax. In Arkansas, he increased the number of businesses that charge sales tax, and didn't decrease the income tax here at all. That's what he'd do if he were President. If you have any repuke friends/relatives, tell them he is a TAX RAISER.

[sinkingfeeling]

10. Hey, Huck, there's no such thing as a 'death tax' and when do you think corporations should pay

for their 'oil wars'?