(Mike Huckabee dropped out of the Republican presidential race on March 4 after voting in four states that day put John McCain very close to winning the GOP nomination.)
Huckabee believes that Americans should be taxed on what they buy not what they earn. He plans to enact this philosophy with the "FairTax,"what he refers to as the productivity tax. It will eliminate all income and payroll taxes essentially taking away the need for the IRS. Under the FairTax, Americans will only be taxed on what they buy and will receive monthly reimbursements on necessity purchases. What the Fair Tax does not do is put money in the government's pocket, it is what Huckabee calls "revenue neutral." Despite his tax hike-free reform plan, Huckabee has fallen under criticism from his Republican opponents, especially Romney, who pointed to his tenure as Arkansas governor where he raised the sales, gasoline and grocery tax. Huckabee has fired back stating that some taxes are necessary to ensure services such as firefighters and drivable roads are available to the public.
Huckabee's campaign Web site: Read more about the FairTax.
CNN Video: Huckabee discusses his plans to abolish the IRS and all "productivity" tax with Wolf Blitzer
YouTube Video: Huckabee addresses his past experience with cutting and raising taxes as Gov. of Arkansas.
— Las Vegas Sun new media intern Jenna Kohler compiled this report.