Graph: Huckabee's Fair Tax

16 January 2008

(via Fact Check)

It looks like Mike Huckabee's "Fair Tax" would increase the tax burden on those earning $15,000-$200,000, and significantly ease the burden on those earning more than $200,000 (and, to a lesser extent, those earning less than $15,000).

Why do people keep calling him a "populist"?

UPDATE: This is what Mike Huckabee's presidential website says about the Fair Tax:

When the FairTax becomes law, it will be like waving a magic wand releasing us from pain and unfairness.
You can't make this stuff up.

1 comment:

Anonymous said...

I believe this graph fails to include the payroll tax. The fair tax completely replaces all taxes.