Showing posts with label Eric Bolling. Show all posts
Showing posts with label Eric Bolling. Show all posts

Tuesday, July 19, 2011

Mike Huckabee headed to Congress in Support of the Fair Tax


Even though Mike Huckabee is not in the GOP race for 2012, he is still standing firm and leading on the issues that were part of his 2008 platform.  On July 26th, Mike Huckabee heads to Congress to address the House Committee of Ways and Means on the Fair Tax.

Mike Huckabee conveyed this message via HuckPAC:
"Now is the time! As Americans give an unfair and growing amount of their paychecks to the Federal Government, our mission is clearer now more than ever:

Folks, it is time we put the IRS out of business.

Together we can accomplish this goal if we work hard to show to the Republican controlled House of Representatives during next week's hearing that an overwhelming number of Americans are behind the FairTax.

Then we must work together to elect another record number of candidates to Congress (House and Senate) next year who support the Fair Tax or who are willing to learn more about it and a Republican President who will sign this legislation.

For those of you who are unfamiliar with the Fair Tax – let me briefly explain how it works.

You get rid of income tax.

You get rid of all the withholding.

You get rid of corporate taxes completely, totally. After all – those taxes are not really paid by the corporations. They're passed on to the customer with a 22 percent embedded tax in the system.

You eliminate that, which means the prices of what you purchase will go down.

You replace it with a 23 percent consumption tax. Now, that sounds expensive, but you only pay when you purchase something new, whether it's a product or a service.

Also, It's a completely transparent tax system.

It doesn't increase taxes. It's revenue neutral. It will bring business back to the United States that is leaving our shores – our current, complicated, unfair tax laws make it impossible for an American-based business to compete with lower tax structures in other countries.

Don’t tell me something this “sweeping” can’t be passed. With your help . . . it can – and it will.

I urge you to sign my petition of support for a FairTax Congress. Help us reach 100,000 signatures by July 25th at midnight. Why? So I can say when I testify about the FairTax before Congress, that over 100,000 Americans are standing with me today."

Back in January of this year, Mike Huckabee was on Follow the Money with Eric Bolling and addressed the concept of the Fair Tax:



January 26, 2011, the Fair Tax Bill H.R. 25 was introduced to congress. These House Representatives support the bill:

Sponsor: Robert Woodall, [GA] Tom Price, [GA] Dan Boren, [OK]
Steve King, [IA] Todd Akin, [MO] Brian Bilbray, [CA]
John Carter, [TX] Michael Conaway, [TX] John Duncan, [TN]
Virginia Foxx, [NC] Michael McCaul, [TX] Pete Olson, [TX]
Mac Thornberry,[TX] Tom Sullivan, [OK] Tom Gingrey, [GA]
Roscoe Bartlett, [MD] Don Young, [AK] Ander Crenshaw, [FL]
Lynn Westmoreland, [GA] Gus Bilirakis, [F]L Ted Poe, [TX]
Tom Graves, [GA] Jeff Miller, [FL] Randy Neugebauer, [TX]
Robert Wittman, [VA] Jack Kingston, [GA] Marlin Stutzman, [IN]
Jeff Flake, [AZ] Billy Long, [MO] Cliff Stearns, [FL]
Tim Walberg, [MI] Dennis Ross, [FL] Darrell Issa, [CA]
Mo Brooks, [AL] Richard. Nugent, [FL] Tim Scott, [SC]
Blake Farenthood, [TX] Jeff Duncan, [SC] Rob Bishop, [UT]
Mike Pence, [IN] Sandy Adams, [FL] John Mica, [FL]
Sue Myrick, [NC] Dan Burton, [IN] John Culberson, [TX]
James Lankford, [OK] Mike Pompeo, [KS] Gary G. Miller, [CA]
Paul Broun, [GA] Trent Franks, [AZ] Bob Gibbs, [OH]
Sam Graves, [MO] Lynn Jenkins, [KS] Frank Lucas, [OK]
Scott Rigell, [VA] David Roe, [TN]

The Fair Tax Act was also introduced in the senate as S 13

The Senators who support the bill are:

Sponsor: Saxby Chambliss, [GA] Richard Burr, [NC] Tom Coburn, [OK]
John Cornyn, [TX] Jim DeMint, [SC] James Inhofe, [OK]
Johnny Isakson, [GA] Richard Lugar, [IN] Jerry Moran, [KS]

If you are a supporter of the Fair Tax, I hope you will sign Mike Huckabee's Fair Tax petition.

Sunday, February 20, 2011

Mike Huckabee: Scott Walker is Trying to Govern

Mike Huckabee sits down with Eric Bolling and discusses managing the fine line between the political function and governing function of the Wisconsin Budget Bill battle:



Never popular to make cuts.  I cut 11% out of our state budget and people were saying 'Governor Huckabee is burning books.'

Politically: telling the people that this is not a political game, that he is actually trying to govern.

Governing: trying to get a few Democrats back into the state to do their constitutional duty.

Monday, January 17, 2011

Mike Huckabee and FBN's Follow the Money Panel: Analysis of the Fair Tax

Fox Business Network's Follow the Money Panel analyzed the Fair Tax. The panel included: Eric Bolling, Steve Adubato, Mike Gallagher, Kimberly Guilfoyle, and David Webb.



Back in September of 2010, Mike Huckabee highlighted the Fair Tax in a response to an editorial attack in the Arkansas Gazette against he and John Boozman, the newly elected Senator of Arkansas: 
Facts and the Fair Tax
"The Fair Tax is hardly a “half-baked” idea. It is the result of over $22 million dollars of scholarly research involving economists from Harvard, MIT, Stanford, University of Chicago, Boston University, and other prestigious universities.

In a nutshell, the Fair Tax is a flat tax, but instead of taxing our productivity (income, investment, savings, capital gains, or inheritance), we are taxed at the point of consumption at the retail level on new items. It is flat, fair, finite, and family friendly. It is totally transparent, unlike the hideous tax structure we currently have and is not a VAT that assesses taxes at production points, but remains largely hidden to the consumer.

The criticism that it would “hurt the poor” is the surest evidence that the critic is ignorant of the pre-bate built into the fair tax, which un-taxes consumption of our basic necessities, and which the studies show actually creates the greatest benefit to those in the lower third of the economy, significant benefit to the middle third of the economy, and some benefit, but less to those in the top third of the economy.

Here’s what the Fair Tax will do:
1. Eliminate the IRS and its indecipherable 67,000 pages of tax code so complex that even Treasury Secretary Timothy Geithner and 41 members of the White House staff seem unable to understand it (or else simply unwilling to comply with it.)
2. Release $13 TRILLION of U. S. capital back into our economy that is presently legally, but unfortunately parked offshore to protect it from the ravenous tax rates.
3. End the nightmarish accounting and legal nightmare for small business operators (and large ones) and allow them to actually make BUSINESS decisions instead of TAX decisions.
4. Eliminate an estimated $500 Billion of expenses related to compliance with the complicated tax code that produces nothing but government paperwork.
5. Virtually eliminate the underground economy by making taxpayers out of illegals, prostitutes, pimps, drug dealers, gamblers, and others who work “off the books.”
6. Restore a person’s full paycheck—one will receive in many cases his or her first full paycheck with no deductions taken out.
7. Eliminate the hidden and embedded tax on all the things we purchase, which is approximately 22%.

Unfortunate and misguided or perhaps dishonest statements have been made about the Fair Tax, some of which stems from the utterly nutty critique some years ago by Robert Bartley of the Wall Street Journal who went so far as to try and allege that the Fair Tax was a secret plot of the Church of Scientology. Some point to a supposed study of the Fair Tax by the Bush administration, which was a consumption tax, but not one that involved the all critical pre-bate. Some simply fail to understand the power of the pre-bate for low income earners or have failed to recognize how significantly the political dynamics of Washington would change if Congress were no longer able to manipulate the tax code so as to create winners and losers according to the whims of Congress rather than to the free marketplace.

The so-called “sticker shock” of a 23% tax rate seems ominous until one realizes that with the various payroll taxes, hidden taxes in our purchases, etc., the average American already pays almost 33% in taxes now at the federal level.

The Fair Tax would be a legitimate economic stimulus package by creating a level playing field for manufacturing. When U. S. companies are having to factor in the embedded taxes on our side, but our competitors in China don’t, we have a hard time keeping our manufacturing and our jobs here.

I recommend that one read The Fair Tax by Congressman John Linder and Neal Boortz or the follow-up book by the same authors, The Fair Tax Answers, or go to FairTax.org and then at least base whatever criticism on something other than internet chatter and less than complete understanding of the facts of the Fair Tax."

On January 5, 2011, the Fair Tax Bill, H.R. 25, was introduced in Congress. There are 48 co-sponsors of the bill.  You can use the Fair Tax Calculator to assess the impact on your own finances.

President Obama was asked the question: If the Fair Tax were passed by Congress and you were President, would you sign the bill into law?  President Barack Obama has no answer.
FairTax.org has briefed Obama's staff about the Fair Tax Act. When asked about the Fair Tax, Mr. Obama has said he believes it needs more study. His office has not issued a public position statement on the Fair Tax.

Race42012's own Adam Graham has a post highlighted on the Fair Tax website, 
We call it the Fair Tax -- not the Perfect Tax,  where he states: 
It's time for opponents of the Fair Tax to explain how to fix the problems with our current tax code without fundamental change rather than trying to find some group of people that may not do as well under a Fair Tax. Consider this, the government pays out $64 billion in Home Mortgage Deductions. Without taking anything else on my list into consideration, is $64 billion in Mortgage Deductions worth $350 billion in tax compliance costs? If not, then this piecemeal selective attack on the Fair Tax is irrelevant. And it's time to have a serious debate.

Sunday, January 16, 2011

Mike Huckabee supports the Fair Tax



Mike Huckabee was recently a guest on Fox Business Network's Follow the Money with Eric Bolling and they discussed attributes of the Fair Tax.

The Fair Tax Bill, H R 25, was presented to Congress on January 5, 2011. You can track the progress of the bill  here.  Those Representatives in the House who introduced the bill include:

Robert  Woodall, GA (Sponsor)
Tom Price, GA
 Dan Boren, OK
Steve King, IA
Todd Akin, MO
Brian Bilbray, CA
John Carter, TX
Michael Conaway, TX
John Duncan, TN
Virginia Foxx, NC
Michael McCaul, TX
Pete Olson, TX
Mac Thornberry,TX
Tom Sullivan, OK
Tom Gingrey, GA,
Roscoe Bartlett, MD
Don Young, AK
Ander Crenshaw, FL
Lynn Westmoreland, GA
Gus Bilirakis, FL
Ted Poe, TX
Tom Graves, GA
Randy Neugebauer, TX
Jeff Miller, FL
Robert Wittman, VA
Jack Kingston, GA
Marlin Stutzman, IN
Jeff Flake, AZ
Billy Long, MO
Cliff Stearns, FL
Tim Walberg, MI
Dennis Ross, FL
Darrell Issa, CA
Mo Brooks, AL
Richard. Nugent, FL
Tim Scott, SC
Blake Farenthood, TX
Jeff  Duncan, SC
Rob Bishop, UT
Mike Pence, IN
Sandy Adams, FL
John Mica, FL
Sue Myrick, NC
Dan Burton, IN
John Culberson, TX
James Lankford, OK
Mike Pompeo, KS
Gary G. Miller, CA