GOP presidential hopeful Mike Huckabee says the FairTax, a national sales tax on new goods that would replace all federal taxes, including corporate taxes, would encourage companies to stay on U.S. soil. Besides helping to keep jobs here, the FairTax would give workers a small raise by eliminating federal payroll and income taxes.
A part of Huckabee's "A Fair Deal for All Americans" is a plan to create jobs by boosting defense spending to 6 percent of the Gross Domestic Product.
He says the $200 billion increase will generate jobs because of the need to:
- Build new planes, ships and other equipment for the armed forces.
- Rebuild aging roads, bridges and water and sewer systems.
- Construct a homeland security fence along the U.S.-Mexican border.
- Recruit thousands for the Army and Marine Corps so that we can bring other troops home.
No record of votes on jobs is available. |
"If we replace the IRS with the FairTax, we lift the burden off of the small- and medium-sized businesses who create most of the jobs. Then the only people who we then have to feel sorry for are the legions of Washington lobbyists who manipulate the current complicated code for somebody else.” 
