Mike Huckabee on Economy

Mike Huckabee supports the flat tax, globalization and line item veto power.

Taxes

Huckabee supports a flat tax, and has supported eliminating the poorest for the tax roll to help ensure fairness the plan.

Huckabee told Tim Russert that he wouldn’t support or propose any new taxes but rather try to reduce federal spending. However, he refused to make the “read my lips, no new taxes” pledge, arguing if we enter a new level of war where there are no other options, raising taxes should be available.

He vows to make he Bush tax cuts permanent.

Spending

Huckabee the President should have the line-item veto to help control spending

Trade

Huckabee supports free trade and globalization.

Directly from the candidate:

I believe in free trade, but it has to be fair trade. We are losing jobs because of an unlevel, unfair trading arena that has to be fixed. Behind the statistics, there are real families and real lives and real pain. I’m running for President because I don’t want people who have worked loyally for a company for twenty or thirty years to walk in one morning and be handed a pink slip and be told, “I’m sorry, but everything you spent your life working for is no longer here.”

I believe that globalization, done right, done fairly, can be a blessing for our society. As the Industrial Revolution raised living standards by allowing ordinary people to buy mass-produced goods that previously only the rich could afford, so globalization gives all of us the equivalent of a big pay raise by letting us buy all kinds of things from clothing to computers to TVs much more inexpensively.