Dick Morris On Huckabee’s Fiscal Record

Dick Morris has an excellent article on Mike Huckabee’s fiscal record while Governor of Arkansas. Huckabee has recently come under intense scrutiny by the likes of Club for Growth and Bob Novak for his fiscal record. Morris’ article is excellent and provides a strong argument against all the negative news coming out against Huckabee of late.

Here is an excerpt:

As Mike Huckabee rises in the polls, an inevitable process of vetting him for conservative credentials is under way in which people who know nothing of Arkansas or of the circumstances of his governorship weigh in knowingly about his record. As his political consultant in the early ’90s and one who has been following Arkansas politics for 30 years, let me clue you in: Mike Huckabee is a fiscal conservative.

A recent column by Bob Novak excoriated Huckabee for a “47 percent increase in state tax burden.” But during Huckabee’s years in office, total state tax burden — all 50 states combined — rose by twice as much: 98 percent, increasing from $743 billion in 1993 to $1.47 trillion in 2005.

In Arkansas, the income tax when he took office was 1 percent for the poorest taxpayers and 7 percent for the richest, exactly where it stood when he left the statehouse 11 years later. But, in the interim, he doubled the standard deduction and the child care credit, repealed capital gains taxes for home sales, lowered the capital gains rate, expanded the homestead exemption and set up tax-free savings accounts for medical care and college tuition.
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Most impressively, when he had to pass an income tax surcharge amid the drop in revenues after Sept. 11, 2001, he repealed it three years later when he didn’t need it any longer.

He raised the sales tax one cent in 11 years and did that only after the courts ordered him to do so. (He also got voter approval for a one-eighth-of-one-cent hike for parks and recreation.)

To read the full article from Real Clear Politics, click here. (link)

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