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Can taxing pimps and prostitutes save Social Security?
(Source – money.cnn.com)
Can taxing pimps, prostitutes and other underground economy dwellers really fix Social Security?
Huckabee defended his support of the Fair Tax at the Republican debate on Thursday evening. Pushed by Americans For Fair Taxation, the tax reform proposal calls for replacing income and capital gains taxes, as well as payroll taxes, with a national sales tax. Taxing people on what they buy, rather than on what they earn, would not only fund the federal government, it would shore up the shaky finances of the nation’s largest entitlement programs, Huckabee asserts. Read more…