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• Huckabee supports the Bush tax cuts and wants to expand
them.
• He would make higher education tuition tax deductible.
• He is a self-described fiscal conservative who favors a flat
tax. Ultimately, Huckabee wants to abolish the income tax system
in favor of a national sales tax.
• He has always been supportive of the Bush tax cuts and wants
to expand them.
• Huckabee is in favor of 'Fair Tax' which will eliminate all
federal taxes and a single national tax will take its place. He
has described fair tax as the flatter, fairer, finite, family
friendly overhaul.
• Huckabee proclaims that 'Fair tax' is revenue neutral and
brings everybody into the economy. As a result 'Fair Tax' does
not bring underground into the economy. Drug dealers, prostitutes
and all such people will have to pat taxes.
• Huckabee is of the opinion that a national flat tax should be
implemented to keep up with globalization.
• He supports the removal of poorest tax payers from the pay
rolls.
• He strongly votes for no national sales tax or VAT.
• Huckabee feels that it should be entirely left to the state
to determine the estate taxes.
• Huckabee proclaimed that he would not stand for any hike in
taxes under any circumstances. According to responses to
associated Press Questionnaire for AR Senate in 1992, he stated
"I would not support any tax increase under any circumstances.
There needs to be significant reductions in spending, not an
increase in taxes."
• Huckabee is of the opinion that the government should untax
innovation, untax income and he gives this matter utmost
priority.
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Compare Mike Huckabee and
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• Obama's plan is to introduce tax cuts for most small
businesses and ninety five percent of the people. During the 2008
Presidential Debate against John Mc Cain, Obama stated that "I
want to provide a tax cut for 95% of the Americans the vast
majority of small businesses would get a tax cut under my
plan."
• Obama feels that there is no need of $300 billion on tax cuts
for people who do not need them. In his first Presidential debate
he proclaimed that "If we are spending $300 billion on tax cuts
for people who do not need them and are leaving out health care,
which is crushing on people all across the country, then we have
made a bad decision and I want to make sure that we're not
changing our long term priorities."
• He stands for a cut in the taxes for the middle class to
provide some respite for struggling house owners.
• Obama believes in expanding the earned income tax credit. He
once stated that "We have to break the cycle of poverty and
violence that's gripping too many neighborhoods in this country.
That's why I'll expand the Earned Income Tax Credit- because its
one of the most successful anti-poverty measures we have."
• Obama wants to retain an inheritance tax on the wealthiest
citizens that others have fought to repeal.
• Obama opposed the suspension of the federal gas tax during
the 2008 summer.
• Obama advocates for the elimination of income taxes for
seniors making less than $50,000 and wants simplify their tax
filing process.
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