Posted by Aye on 16 October, 2008 at 6:21 pm. 13 comments already!

We’ve heard a lot about Barack Obama’s tax plan over the last few days.

None of the propaganda or talking points from the candidate, or the campaign was more telling however, than Obama’s comments directly to “Joe the Plumber” at a campaign stop in Ohio.

I’ve said a couple of times that I believe that Obama will rue the day he had that conversation. It very well may prove to be his “Mondale Moment”.

Did Barack “Spread the Wealth” Obama Just Blow the Election?

This is still a center-right country, gang. Note this Gallup poll from June:

When given a choice about how government should address the numerous economic difficulties facing today’s consumer, Americans overwhelmingly—by 84% to 13%—prefer that the government focus on improving overall economic conditions and the jobs situation in the United States as opposed to taking steps to distribute wealth more evenly among Americans.

From Obama’s conversation with Joe:

“I’m gonna cut taxes a little bit more for the folks who are most in need and for the 5% of the folks who are doing very well – even though they’ve been working hard and I appreciate that – I just want to make sure they’re paying a little bit more in order to pay for those other tax cuts,” Obama said.

It’s not that I want to punish your success – I just want to make sure that everybody who is behind you – that they’ve got a chance at success too.”

“My attitude is that if the economy’s good for folks from the bottom up, it’s gonna be good for everybody … I think when you spread the wealth around, it’s good for everybody.

From Michelle Obama earlier this year in Charlotte, NC:

“The truth is, in order to get things like universal health care and a revamped education system, then someone is going to have to give up a piece of their pie so that someone else can have more.

That sounds an awful lot like this:

“From each according to his abilities, to each according to his needs.”-Karl Marx

It also sounds a lot like this:

Photobucket

Now let’s take a look at Obama’s tax plan:

Where does Obama plan to spend the money he seizes?

Here is a list of Obama’s 7 proposed tax credits:

“- A $500 tax credit ($1,000 a couple) to “make work pay” that phases out at income of $75,000 for individuals and $150,000 per couple.

– A $4,000 tax credit for college tuition.

– A 10% mortgage interest tax credit (on top of the existing mortgage interest deduction and other housing subsidies).

– A “savings” tax credit of 50% up to $1,000.

– An expansion of the earned-income tax credit that would allow single workers to receive as much as $555 a year, up from $175 now, and give these workers up to $1,110 if they are paying child support.

– A child care credit of 50% up to $6,000 of expenses a year.

– A “clean car” tax credit of up to $7,000 on the purchase of certain vehicles.”

The “clean car” tax credit is the ONLY one which is off-set by money actually paid in.


Six of the seven listed in the Obama plan are these “refundables”, money people get from the federal government even if they pay no taxes at all. These are not “tax cuts” but instead welfare grants based on specific social policy. It’s blatant redistributionism, as the money comes from tax increases on the wealthy.

Joe the Plumber became an instant celebrity and a focal point during last night’s final Presidential debate.

Here are the two latest McCain ads:

Joe’s name was mentioned over and over as the candidates answered the questions of the Moderator and sparred with one another on policy proposals.

The bloodthirsty MSM is now investigating Joe. His offense? He dared to speak out against The One.

They’re digging into Joe’s background, his finances, and even his lack of a plumbing license.

Now Toledo City officials are moving to shut Joe down.

Compulsory income redistribution.

Social policy welfare.

Intimidation of political opponents.

How are those things in keeping with what America is all about?

We may not fall in love, but we’re sure as hell gonna have to fall in line.

0 0 votes
Article Rating
13
0
Would love your thoughts, please comment.x
()
x