• 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. 
		

• 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.