Presidential Candidates on the Economy



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Declined 2012 Republican Presidential Candidate
Former Governor of Arkansas

Mike Huckabee

Presidential Candidate Mike Huckabee


Huckabee position on the Economy

• Mike Huckabee aims at expanding the 'Hope Now' program which is a voluntary alliance between the government and subprime lenders to helped troubled borrowers.

• He proposes various tax cuts and finally abolishing the income tax with sales tax.

• Build a homeland security fence along the Mexican border to prevent illegal workers from entering the country.

• Huckabee would increase the usage of wind power and decrease dependence on foreign oil.

• Abolish marriage penalty and death tax and advocate further tax cuts.

• Extend rebate to all purchases made below the poverty line so that the poor are not taxed.

• Increase defense spending by $200 billion.

• Extend expiring tax cuts from Bush's term and make college fees deductible.

• Mike Huckabee proclaimed that he would not support any new taxes but would concentrate on reducing federal spending.

• Huckabee did say if we enter a new level of war there would be no choice but to raise the taxes.

• He supports flat tax, globalization and line item veto power believing that the line item veto power will help to curb spending.

• He supports free trade to rake in more revenue but insists it has to be fair trade.

• In order to decrease spending he said he would get rid of the Inland Revenue Service and revamp Department of Homeland Security.

• Huckabee advocates reigning in out of control spending to balance the budget

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