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