AN ISSUE THAT LIBERALS, INDEPENDENT AND CONSERVATIVES CAN AGREE WITH!!! Mike Huckabee is a supporter and a leader in the FAIRTAX(tax reform) and that is why John McCain should pick Mike Huckabee for Vice President!!! Call McCain's office at 703-418-2008 and let him know you want the FAIRTAX and Mike Huckabee for Vice President! A MUST READ!!! A brief summary of the FAIRTAX A. The FAIRTAX will eliminate income taxes, withholding, self-employment taxes, bonus taxes, overtime taxes, social security taxes, medicare taxes, alternative minimum taxes, estate taxes, gift taxes, corporate taxes, capital gain taxes, dividends taxes, small business taxes, and replace it with a 23% sales tax. Plus it will give each American household that are citizens a rebate check based on the poor necessities of life. It will also abolish the 16th admendment and prevent the government from taxing us twice! B. Its Fair because for example if you are rich and you buy a $20,000 rolex watch you pay more in taxes but the same percentage as someone buying a $95.00 fossil watch so it is fair for the rich and the poor that may one day become rich. C. The FAIRTAX is Fair for the poor and middle class because of the rebate check. Under the FAIRTAX there is no taxes on necessity items (food, clothing, water etc), but it is not a necessity to have a party and to buy lots of food or to go on a shopping spree and buy lots of cloths. That is the purpose of the FAIRTAX rebate checks, and the size of the rebate check depends on the size of your household. For example base on 2004 estimates: Single person Annual Consumption Allowance(ACA) is $9,310 and will receive a rebate of $2,254 per year / a Couple ACA is $12,490 and will receive a rebate of $4,508 per year/ Couple with one child ACA is $16,090 and will receive a rebate of $5,290 per year/ Couple with two children ACA is $19,350 will receive a rebate of $6,072 per year. The FAIRTAX will untaxed the poor and allow the poor and middle class to make money w
Source: http://www.youtube.com/