Tag: taxes

Taxes and giving

I need some help understanding something. Hopefully there are some folks out there that read this blog that can help me out.

I keep hearing folks who are mad and upset about the way Obama is spending their tax dollars. I heard similar things from the other side of the aisle when Bush was president. And I can understand that (from both sides).

But if you don’t like the way your tax dollars are being spent – why don’t you simply find a non-profit organization that you approve of and give your tax dollars to them instead?
Continue reading Taxes and giving

Club for Growth report on Huckabee flawed?

Joe Carter rebuts the Club for Growth’s scrutiny of Gov. Mike Huckabee’s fiscal record as governor.
Well worth a read. (source no longer online)

For several months the Club for Growth has been attacking Huckabee’s bona fides as a fiscal conservative. In the process, they’ve slandered the Governor’s record, deceived numerous trusting conservatives, and cast doubts on the organization’s honesty and trustworthiness. It’s a disgraceful situation made all the more shameful by our continued willingness to be duped.

While Huckabee was in his first term as Governor of Arkansas he:

  • Pushed through a Democrat legislature the first, major broad based tax cuts in the state’s history.
  • Pushed through a Democrat legislature an $80 million tax cut package.
  • Cut the state’s capital gains tax by 25%.
  • Established a Property Taxpayers’ Bill of Rights.
  • Limited the increase in property taxes to 10% a year for individuals and 5% per taxing unit.
  • Eliminated the income tax for families below the poverty line.
  • Increased the standard deductions.
  • Eliminated the marriage penalty.
  • Eliminated bracket creep by indexing the income taxes to inflation, thereby preventing taxpayers from moving into a higher bracket when their paychecks increase due to inflations.
  • Doubled the child care tax credit.
  • Eliminated capital gains tax on the sale of a home.

Of course Huckabee is the only candidate, that I know of, who has pledged to give his support the FairTax if he’s elected. Sure other candidates have said they’d sign it if it ever comes up, but Huckabee says he’ll work for it, which will lead to a complete overhaul of our current tax system and give you much more money in your pocket as well as completely shut-down the IRS.