Rudy Giuliani criticizes the "fair tax" plan

Giuliani Assails 'Fair Tax' Plan

By MIKE BAKER – 16 hours ago

GREENSBORO, N.C. (AP) — Republican presidential hopeful Rudy Giuliani criticized the "fair tax" plan that has been touted by rival candidate Mike Huckabee on Monday, saying it could hurt home buyers.

The former New York City mayor cited the struggling U.S. housing market as a reason to avoid the plan, which would eliminate all taxes on income and investments in favor of a hefty federal sales tax.

A questioner asked about the plan but did not mention Huckabee. Nor did Giuliani mention his rival in his response.

"I think there are several tax deductions that are vital to our economy," Giuliani said. "This would not be a good time — I don't know if there would ever be a good time to do this — to advocate ending the home mortgage deduction. The home mortgage deduction is considered by many critical to the ability of people to buy a home and keep their home."


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Rudolph Giuliani: "People can make decisions about their money"

Giuliani Touts His Low-Tax Stance in NH

By GLEN JOHNSON – 3 hours ago

STRATHAM, N.H. (AP) — Republican Rudy Giuliani is trying to make up for lost time in New Hampshire by cutting to the chase with low-tax talk likely to resonate in a state whose lack of income tax speaks to the political leanings of its GOP primary voters.

The former New York mayor, wrapping up his second consecutive weekend in an early presidential primary state where he only recently decided to compete, said Sunday the leading Democratic contenders want to raise taxes by up to 30 percent, and their much-discussed hike in capital gains levies could send business investment overseas.

"If you tax too much in the United States, they go to Bermuda or Ireland or eastern Europe or India or China or someplace else," Giuliani told about 100 people attending at house party on the state's vote-rich Seacoast. "The businesses can go there with the jobs and the money can go there as part of the investment."

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WHY FORBES ENDORSED GIULIANI

http://joelrosenberg.blogspot.com/

Rudy Giuliani: Supply-Sider-in-Chief

by Deroy Murdock

Republican primary voters should rally around the GOP field's most accomplished supply-sider, the all-but-announced Rudolph W. Giuliani. Having sliced taxes and slashed Gotham's government, New York's former mayor is the leading fiscal conservative among 2008's GOP presidential contenders.

Before Giuliani's January 1, 1994 inauguration, New York's economy was on a stretcher. Amid soaring unemployment, 235 jobs vanished daily. Financier Felix Rohatyn complained: "Virtually all human activities are taxed to the hilt." Punitive taxes helped fuel a $2.3 billion deficit.

Mayor-elect Giuliani sounded Reaganesque when he announced he would "reduce the size and cost of city government" to balance the budget. In his first State of the City address, he said: "We're going to cut taxes to attract jobs so our people can work."

Human Events

Giuliani 2008 blogger comments-

"Many people do not like or believe in supply-side economics. And those people, and others, like it even less when it works. Giuliani made it work in New York City - without doubt."