Imagine if ... | Arkansas Blog

Imagine if ...

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... the government added a 30 percent sales tax on all your Christmas purchases. That's what Mike Huckabee proposes. (He calls it a 23 percent sales tax. It's not. It's based on a tax of 30 percent on the dollar, which means, after application, the tax accounts for 23 percent of the purchase price. Sales taxes are never expressed  that way. But nobody's ever proposed such a draconian sales tax before and they have to do everything they can to reduce the appearance of impact. And, as this Los Angeles Times article on the idea notes, while it helped Huckabee in Iowa, it has a number of problems, including the probability that a 30 percent rate wouldn't be low enough to be revenue neutral.)

Balitmore Sun writes that the "crackpot" plan couild be Huckabee's Waterloo.

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