huck(abee)ster
i like huckabee. let's get rid of the irs. and replace all taxes with a nice simple consumption tax. ie a sales tax on new items. and give every household a fixed rebate equal to the amount of taxes the poor would typically pay. call it the fair tax. brilliant. currently we pay taxes as the money comes in. on a progressive scale. at least in theory if not in practice. huckabeester's plan would be to tax money when it goes out. the pitch is that everyone eventually spends all of their money. so all accumulated wealth would eventually be taxed. rich folks would be all for this one. sigh. let's go over this again. if you have money it's easy to make more money. the fair tax would make it even easier for those with money to make more money. cause now they don't have to pay taxes on the money they make. only the things they buy. the new things. sheehs. there are so many ways to game this system i can't even begin to pick which one to rant about first. but it's a non-issue. it has two major problems. one is enforceability. and the other is what led to the 16th amendment. ie we'd need a 28th amendment.