• Former presidential candidate Mike Huckabee discusses his new book, Do The Right Thing.
• In his first post-election interview, President-elect Barack Obama says he’s ready to hit the ground running. Alan recaps the highlights.
• Should the Governator quit the GOP to become a Democrat? Alan analyzes the political evolution of Arnold Schwarzenegger.
Why don’t the proponents of the Fair Tax ever explain how people are supposed to pay this tax on houses and cars? No way I will ‘buy into’ this idea unless they expempt those items. You buy a $100,000 house and you will have to pay $30,000 in tax up front. That’s on top of any down payment the lender might require. You won’t be able to finance that. No lender will loan you $130,000 with $100,000 collateral house. Most will only loan 80-90%. Even if they remove the Federal taxes and social security taxes from my paycheck, no way I will have $30,000 lying around to buy a house. Buying a $20,000 car will require a $6000 federal tax on top of any state taxes. Again, no one is going to finance that – you will have to have it in the bank to buy a car.
Hey Boogieman, typical class warfare taken right from Mr. Socialist himself, Karl Marx.
Both of those tax scams are a back door way of giving the rich another tax cut.
It would also raise taxes on the working poor.
I, personally, never watch Foxnews. Their bias turned me off several years ago. I didn’t really expect to hear anything new from Obama anyway.
yup yup.
Good question Bryan. How about it Alan? My theory is that it would reduce the power the government has over us somewhat. But that is my opinion, for what it’s worth.
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I, personally, never watch 60 Minutes. Their bias turned me off several years ago. I didn’t really expect to hear anything new from Obama anyway.
November 17th, 2008 at 6:35 pm
Alan , I was wondering if you or Huckabee could explain tonight why our government has such opposition to the “Flat Tax” and the “Fair Tax”—-Thanks.
November 17th, 2008 at 6:49 pm
Good question Bryan. How about it Alan? My theory is that it would reduce the power the government has over us somewhat. But that is my opinion, for what it’s worth.
November 17th, 2008 at 7:11 pm
I, personally, never watch Foxnews. Their bias turned me off several years ago. I didn’t really expect to hear anything new from Obama anyway.
yup yup.
November 17th, 2008 at 11:32 pm
Both of those tax scams are a back door way of giving the rich another tax cut.
It would also raise taxes on the working poor.
November 18th, 2008 at 3:04 am
Hey Boogieman, typical class warfare taken right from Mr. Socialist himself, Karl Marx.
November 18th, 2008 at 8:37 am
Why don’t the proponents of the Fair Tax ever explain how people are supposed to pay this tax on houses and cars? No way I will ‘buy into’ this idea unless they expempt those items. You buy a $100,000 house and you will have to pay $30,000 in tax up front. That’s on top of any down payment the lender might require. You won’t be able to finance that. No lender will loan you $130,000 with $100,000 collateral house. Most will only loan 80-90%. Even if they remove the Federal taxes and social security taxes from my paycheck, no way I will have $30,000 lying around to buy a house. Buying a $20,000 car will require a $6000 federal tax on top of any state taxes. Again, no one is going to finance that – you will have to have it in the bank to buy a car.
November 18th, 2008 at 12:07 pm