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December 09, 2007

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None of these scandals will actually disqualify him to be the GOP nominee, with the exception of his record on taxes (which seems to have been pretty widely known before and during his recent poll surge.)

1. Potentially bad, though the convoluted details will likely prevent this from becoming a major story.
2. Minor scandal that's far from a momentum killer.
3. Not too damaging at all when your major competition is Mitt Romney and Rudy Giuliani.
4. Not as absurd to the people whose votes he's going to need.
5. As does the Republican party, in general.
6. Does this differ much from the 1992 views of social conservatives?
7. Crediting God hasn't hurt a Republican in a while.
8. Finding answers in Jesus Christ an easy way to win over Republican votes.
9. The corruption is potentially damaging but the opposition to a Hillary Clinton health care initiative is a net positive in this race.

This seems too close to a David Broder "the American people will not like such and such" post ("American People" = "Me"), though in this case we're not even talking "the American people" we're talking "Republican primary voters." None of these "things to hate" disqualify him for that party's nomination, and indeed some (5, 7, 8, 9) seem likely to win him some votes.

The effective tax rate percentages, that different income groups would pay under the FairTax, are calculated by crediting the monthly "prebate" (advance rebate of projected tax on necessities) against total monthly spending of citizen families (1 member and greater, Dept. of Commerce poverty-level data; a single person receiving ~$200/mo, a family of four, ~$500/mo, in addition to working earners receiving paychecks with no Federal deductions) Prof.'s Kotlikoff and Rapson (10/06) concluded,

"...the FairTax imposes much lower average taxes on working-age households than does the current system. The FairTax broadens the tax base from what is now primarily a system of labor income taxation to a system that taxes, albeit indirectly, both labor income and existing wealth. By including existing wealth in the effective tax base, much of which is owned by rich and middle-class elderly households, the FairTax is able to tax labor income at a lower effective rate and, thereby, lower the average lifetime tax rates facing working-age Americans.

"Consider, as an example, a single household age 30 earning $50,000. The household’s average tax rate under the current system is 21.1 percent. It’s 13.5 percent under the FairTax. Since the FairTax would preserve the purchasing power of Social Security benefits and also provide a tax rebate, older low-income workers who will live primarily or exclusively on Social Security would be better off. As an example, the average remaining lifetime tax rate for an age 60 married couple with $20,000 of earnings falls from its current value of 7.2 percent to -11.0 percent under the FairTax. As another example, compare the current 24.0 percent remaining lifetime average tax rate of a married age 45 couple with $100,000 in earnings to the 14.7 percent rate that arises under the FairTax."

Further, per Jokischa and Kotlikoff (circa 2006?) ...

"...once one moves to generations postdating the baby boomers there are positive welfare gains for all income groups in each cohort. Under a 23 percent FairTax policy, the poorest members of the generation born in 1990 enjoy a 13.5 percent welfare gain. Their middle-class and rich contemporaries experience 5 and 2 percent welfare gains, respectively. The welfare gains are largest for future generations. Take the cohort born in 2030. The poorest members of this cohort enjoy a huge 26 percent improvement in their well-being. For middle class members of this birth group, there's a 12 percent welfare gain. And for the richest members of the group, the gain is 5 percent."

(Permission is granted to reproduce, in whole or part. - Ian)

The fair tax is a ridiculous sham. I'll support it if we all start out with the same amount of money, how about that?

On item number two -

Dumond allegedly raped another woman in Arkansas. This victim came forward when Huckabee was considering commuting his sentence.

After his release Dumond did rape and murder a woman and was sentenced for that crime. It wasn't alleged.

He was the suspect in a second murder/rape case but he died in prison prior to charges being brought against him. That crime was committed the day before his final arrest.

Prior to the conviction for the rape for which Huckabee advocated leniency Dumond was also charged in helping two other men kill a fourth man with a hammer in a premeditated attack. Dumond turned prosecution witness in that case and admitted taking part in the attack.

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