Jeffrey Toobin is an uninformed idiot
I wish I had time to comment on tonight’s GOP debate, but I’ll just make one remark based on the post debate talking head session. CNN analyst Jeffrey Toobin said that Huckabee was not a serious candidate because he suggests that we should eliminate the IRS. He mocked Huckabee’s position by questioning how the U.S. would bring in revenue. CNN must be paying Toobin too much because he clearly hasn’t been paying attention to the presidential campaign.
Huckabee endorses the FairTax, which would eliminate the federal income tax and replace it with a national sales tax. As written the FairTax would be revenue neutral. For the benefit of Mr. Toobin I’ll clarify. Revenue neutrality means that the FairTax - remember Jeffrey that is what Huckabee endorses - would bring in the same amount of money as the income taxes it will replace. It only changes the manner in which taxes are collected by the federal government.
Do your homework Mr. Toobin.
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While I think the FairTax is a horrible idea, I do agree on Mr. Toobin’s idiocy. But even if the IRS is eliminated and replaced with nothing as Dr. Paul suggests, surely Mr. Toobin knows that that for the first 125 years of the Republic’s existance there was no income tax. He probably also knows that far less than half of FedGov’s revenue comes from the income tax.
He was either being deliberately deceptive or unintentionally moronic.
Amen to this post. Someone should probably tell McCain the same thing. Either he is equally uninformed or was just being flat out dishonest. I cannot wait for the new book from Neal Boortz and John Linder that comes out in March entitled FairTax: The Truth: Answering the Critics.