Huckabee tax plan raises eyebrows in US  

Posted by BlognThings in

(adds Huckabee quotes in paragraphs 12-13)

By Ed Stoddard

MANCHESTER, N.H., Jan 6 (Reuters) - Republican presidential candidate Mike Huckabee's plan to eliminate all income taxes and replace them with a flat consumption tax has the support of martial arts guru Chuck Norris but few economic analysts.

The former Arkansas governor's victory in the Iowa caucus, which kicked off the presidential nomination process for the November 2008 White House race, will bring his policy proposals under closer scrutiny as the candidates do battle in the New Hampshire primary on Tuesday.

Much of the focus has been on the social conservatism of Huckabee, an ordained Baptist preacher who has connected solidly with his party's influential evangelical base.

But some of his supporters have been attracted by his populist tax plan, which calls for an end to all income and payroll taxes. It is the key plank of his economic platform.

"Putting the IRS out of business" has been a common refrain in his speeches in both Iowa and New Hampshire and it always draws some of the most enthusiastic applause.

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