The United States tax code is complicated, subjective, and highly political. Is it in need of an overhaul? One group thinks so and they’re presenting a solution.
FairTax.org promotes a national retail sales tax as a healthy alternative to the income tax system. They want to see every worker take home their whole paycheck, without federal withholding or payroll taxes deducted. These bigger paychecks permanently stimulate consumer spending, and struggling homeowners can pay mortgage obligations — without massive taxpayer bailouts. Federal taxes would be paid at the cash register only at the point of final retail sale. And corporate and capital gains taxes would be completely …read more

Is Mike Huckabee losing momentum? Following his win in Iowa, he slipped to second in New Hampshire, and, last night, finished third in Michigan’s primaries. I still think Huckabee just won’t be able to afford to stay in the race, but I’m getting far more interested in what happens when he leaves it.
Last night, Governor Bill Richardson spoke on the Lou Dobbs show about his withdrawal from the presidential race. He attributed his withdrawal to his lack of funding, but made it clear that he’d been in the race primarily to bring attention to certain issues that he felt were …read more