Posted on 09/04/2011 12:07:15 PM PDT by 2ndDivisionVet
Former Utah Gov. Jon Huntsman, trailing badly in the GOP presidential race, hit hardest Sunday at a Republican who isn’t even in the race -- Sarah Palin.
Appearing on CBS’s Face the Nation, Huntsman described Palin’s call Saturday for no federal corporate income taxes “a great political bromide” unhinged from basic budget math.
“How do you do it? How to you make the numbers work?” he asked.
At a speech for a tea party event in Indianola, Iowa on Saturday, Palin called for a zero corporate tax rate coupled with an elimination of all corporate tax subsidies and federal bailouts. Palin declined to say whether she was running for president. Palin’s current polling average, according to RealClearPolitics.com, is 10.6 percent. Huntsman’s average is 1.2 percent. Texas Gov. Rick Perry is the current front-runner, with a polling average of 26.3 percent.
Huntsman's own plan would eliminate all tax subsidies for corporations and individuals and shrink the current six-rate personal income tax bracket with a three-rate bracket with rates of 8 percent, 14 percent, and 23 percent. The current structure contains rates of 10 percent, 15 percent, 25 percent, 28 percent, 33 percent, and 35 percent. Huntsman also wants to reduce the current federal corporate income tax rate from 34 percent to 20 percent.
Huntsman said his plan would be “revenue neutral” and would raise revenue to offset the losses linked to lower personal income tax rates by eliminating such popular tax breaks as deductions for interest on home mortgages, veterans' and Social Security benefits, and state and local income taxes.
“I know it’s going to be politically controversial, but I think it is absolutely needed at this point,” Huntsman said. “Everybody would like to go down to zero in terms of corporate taxes. I know how difficult it is to make the numbers work. You’ve got to find the revenue somewhere that you can reinvest in the tax code to bring down the rate for everybody. Ours is based on the real world and where we can make the numbers actually work.”
This guy is at 1 friggin percent. How is he still on television? If the TV geniuses think he’s so brilliant, maybe they should have Obama replace Biden with Huntsman.
Why would any one care what Obama’s poodle thinks?
He is still brought on TV like a viable candidate because he is a leftist.
This, and the fact that this was written by Major Garrett, is all we need to know.
From the article:In plain English, “revenue neutral” means that it will continue excessively high taxation to fund excessive, extra-constitutional spending.
Huntsman said his plan would be “revenue neutral”
Anything “revenue neutral” is a non-starter for me. We need less revenue, and much, much less spending.
Why would any one care what Obama’s poodle thinks?
Exactly. When I saw him kissing up to 0bama I knew he was bad news. He’s the worst kind of RINO.
I’m willing to bet she has already done the math and will school his idiot at the appropriate time.
This coming from a guy who could somehow make the stimulus numbers ‘work’. He’s a complete joke.
Brooklyn Bridge alert.
Has anyone noticed that Huntsman, AKA Mr. 1 percent, gets as much coverage as Ron Paul? It's amazing. Could it be that the MSM thinks he would be the perfect GOP candidate. If he wins (highly unlikely they believe) he would govern like a typical Dem. If he loses that would be even better. This is, of course, the likely outcome since most true conservatives would simply sit on their hands and their wallets while contemplating 2014 and 2016.
Exactly! The arsewipes in the media put him out there because he does a poor job of representing the conservative viewpoint. I am so sick of these pressholes. Something has to be done about them if we are going to pull this country back from the brink,
That’s an insult to poodles LOL..When I hear progressives like Huntsman slam Sarah’s plan, I KNOW she’s right! GO SARAH..scaring the hell outta libtards since 2008
Yeah, all that is going to happen. Taxing people on the money that they never see, due to taxes, is really going to get you some votes.
Is it just me, or does he strike you guys as acting a little too much metrosexual?
Huntsman would be wise to listen to Palin, he could learn many wonderful things that could actually make him a wanted politician to somebody.
Until then he will e just a worthless 0bama loving liberal promoting RINO that is useless to all.
“Revenue neutral” “Reinvest in the tax code”
Asshat buzzwords that statists use.
Who?
I don’t trust any GOP member given an ambassador’s job.
Is it just me, or does he strike you guys as acting a little too much metrosexual?
Now that you mentioned it......
That is given an abassador’s job by a demo president. Sorry got distracted.
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