This is my final installment of presidential candidates economic plans. Despite the fact that Ron Paul is very unlikely (even more unlikely than Mike Huckabee) to prompt a revolt among Republican delegates at the convention, Yielding Wealth readers have rightly pointed out that another option should at least be canvassed. And I agree. So here is a brief look at the basic points of a economic plans developed by Ron Paul. You can see more details of Ron Paul’s economic plans by visiting his campaign Web site.
Economic plans offered by Ron Paul

Taxes: Get rid of income tax. Get rid of …read more

So I was called to task for calling John McCain the only remaining Republican contender. I still think he’s got the nomination, but many people are interested, so I thought I’d cave and offer the basics of the Mike Huckabee plan. Since he still in the race.
And because I’ve got emails about it, I’ll do a bonus on Monday: Ron Paul.
The basics of economic plans from Mike Huckabee

Get rid of income tax and replace it with a “Fair Tax.”
Expand Bush tax cuts.
Increase spending on defense and infrastructure.
Protect American jobs from “unfair” foreign competition.

Maybe I’m not being fair, but Huckabee’s economic …read more

I recently received the following from a reader: What is the difference between fair tax and flat tax?
With tax season coming up, and with presidential candidates talking about tax plans (Mike Huckabee is especially vocal about fair tax), this is an exceptionally timely and relevant question. Here are the basic differences:
Fair Tax
This is a term that indicates an end to all taxes collected by the government, save a national sales tax of sorts. This national sales tax would be collected on every new purchase made. As of now, there are “prebates” offered to those with less money, since sales tax …read more