• Mike Huckabee former Republican Governor of Arkansas stands for elimination of federal
income and payroll taxes.
• Mike Huckabee claims that he steered Arkansas from a $200 million deficit to an $850
million surplus.
• He likened Obama's Health Care Bill to that of a poll tax or in other words just a
redistribution of wealth. He in fact advocates the policy of Preventive health.
• If elected President Mike Huckabee has said that he would not support the raising of income
taxes at the Federal Level.
• He has a history of cutting around 90 taxes while he was Governor and also supports
abolition of death tax. He supports fair Tax a 23% tax on consumption.
• He believed in voluntary personal accounts that pay a higher rate of return for youngsters.
This will help supplement their social security benefits.
• He believes in using alternative or renewable energy like bio diesel and cut costs on oil
and petroleum. He advocates setting aside an Research and Development budget that will also be done
by the private sector to develop new forms of energy.
• He also supports amniotic fluid and umbilical cord stem cell research and stresses on the
need for scientists to convince politician to divert funds to this area.
• He supports the amendment to the Homeland Security Bill which sets aside $3 billion for
this purpose. These funds are intended for training and deployment of 23000 more law enforcement
personnel, erect 105 radar and camera towers and build 700 miles of fence.
• He advocates increased spending for defense purposes.
• Huckabee would maintain long-term solvency of Social Security and Medicare.
• He wants to maintain federal funding of Social Services Block Grants.
• Sarah Palin, Vice Presidential Candidate for US elections 2008, has left behind a history of
tax cuts thereby accelerating economic growth during her term as Governor of Alaska. She made
history by bringing forth second largest cuts in the construction budget of the State.
• Sarah Palin opposes President Obama's long term cuts in Carbon emissions saying that it
would result in job losses and higher energy costs thus showing her disapproval of the 'cap and tax'
bill.
• She is against setting up of an Independent Medicare Advisory Counsel for containing
Medicare Costs. She says it will not bring in reduction in deficit as the Democrats plan to achieve.
Instead she advocates a market oriented, patient centered and result-driven approach.
• She calls for increasing government oversight of investment banks also advocating
elimination of federal earmarks and wasteful governmental spending.
• She opposed Obama's proposal to introduce a windfall profit tax on oil companies but
supports further utilization of natural gas.
• She advocates increased funding for education and supports Senior Benefits Programs for low
income older people as she did in Alaska.
• She approves additional tax cuts for businessmen which would rake in more revenue and thus
increase more job opportunities.
• Praised Bush $700B bailout; opposed Obama's $787B.
• While in office as Governor Sarah Palin made a $7 billion savings plan for education and
transportation.
• She criticizes President Obama's spending policies to revive the economy saying that
American already having a debt of more than $11 trillion and borrowing more would only lead to
socialism.
• Mitt Romney, Republican candidate to the Presidential election 2008 and former Governor of
Massachusetts believes in the principle of reaganomics wherein you cut taxes which is believed to
bring in economic growth. According to him the budget should cut taxes on people earning incomes
less than $200,000 a year and also cut payroll taxes on people aged sixty five years or older.
• He supports setting up a national catastrophic fund to ensure that people are entitled to
home owners insurance in the event of some natural disasters like hurricanes, tornadoes etc.
• He brought forward an economic stimulus package with a price tag of $233 billion which is
aimed at generating long term growth incentives. This can be achieved by expensing capital
expenditures in the next two years and lowering corporate tax rate so that businesses will thrive
and generate revenue.
• He perpetrates the need for becoming energy independent by making investments in
alternative energy sources, reduce gas prices and reduce taxes on middle income Americans.
• Mitt Romney suggests bringing a cut in the 342 odd different economic programs. Of course
protecting the nation's defense and military personnel is important therefore allocation of funds
for their welfare is important.
• He believes that he can bring in savings worth $300 billion dollars in 10 years by capping
non defense discretionary spending at inflation minus 1% and will veto any budget that exceeds that
cap.
• He wants to be known as the job senator by convincing the government to cut deficits and
raise American's savings rate by making more capital available for companies for investment and
thereby increase employment opportunities.