Fox News has decided that Mike Huckabee should not be the Republican nominee, so Chris Wallace went on the attack against Huckabee’s flat tax plan on Fox News Sunday.
Even though most Republican governors are wary of going all-in on tax cuts for the rich and corporations like trickle-down failure Kansas governor Sam Brownback, they are going all in to raise taxes on their poor and middle class residents to avoid putting any “financial strain” on their wealthiest donors and their corporations.
Democratic Governor Jerry Brown fixed California’s deficit via Prop 30, also known as raising taxes. California no longer has a deficit.
One of the things that have not been reported on about Barack Obama’s visit to Buffalo, NY today was his reaction to a question about abolishing the IRS and moving to a flat tax. Obama said, “In order to have a flat tax that was revenue-neutral, that didn’t add to the deficit, it’d have to be a pretty substantial tax, but it would mean a huge tax break for Warren Buffett.”