Barack Obama: Wrong on Taxes – Wrong for America [Reader Post]

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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.

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Up at Drudge: VIDEO: Biden Takes Shot At Plumber’s Credibility…

Just when was Joe the plumbers credibility the subject or the problem? Hussein O’s, and now Slow Joe’s lack of credibilty has been exposed and everything about them is now in question, a big question. Teaming up with the Lame Stream Media to dump on an average American working stiff who simply asked a question can’t be good for Michelle’s children. Hussein O and Slow Joe (who funneled over $2 million in campaign funds to his family) have both proven themselves to be Marxist and elitest P’sOS. Will the working people of this country roll over and play whimpering puppy dog for these fools, or stand up and fight for the freedoms we still enjoy? Hussein O is a dangerous man.

It is very clear to me that Obama hates America. He hates capitalism; he hates what he considers to be white supremacies. He wants to turn the U.S. into a socialist/communist country and start black supremacies. He can stand that USA is No.1 in this World, and he will do everything he can to see to its downfall. You have to be blind not seeing this.

But but…. why can we not question Obama???

You mean if we do, they investigate us (and not Obama or his associates?)

But, the left said “dissent is patriotic”… They also said, in the 1980s, to “Question Authority”..

Something must be wrong. We can’t dissent against a leftist nor question his authority without having leftists in the media and government hound us and destroy our lives.

Oh.. wait.. I noticed the fine print… “dissent is patriotic ONLY when the left is not in power” and “Question Authority, but not when a leftist is the authority”.

Why do I see witch hunts like what is happening to “Joe the Plumber” becoming common under an Obama chancellery? It’s the 90s all over again, only worse. Islamic terrorists will be left alone, as will most anyone attacking or threatening to attack the United States. Allies will be left to fend for themselves (unless polls show it is popular). Nothing will be done about illegal immigration or their taking welfare and SS checks across the border. Meanwhile, the full weight of government investigative and enforcement ability will focus solely on silencing Obama’s political opponents.

Pretty much everything the left projects onto President Bush will actually occur under Obama.

we can’t have3 a socailist country. what would happen if he was elected? could he really change everything to reflect his socialist way of seeing things? would congress allow it. and if they did, where would it stop, what rights do we have? he would probably only last 4 years, but how much damage would he cause in that amount of time? would we as a nation recover?

Joe the Plumber didn’t seek out Hussein. Hussein stopped at Joe’s home for a photo op that didn’t go as planned. Hussein shot himself in the foot with his Marxist tax policy answer to Joe the Plumbers question. He shot himself in the head today by sending his goon squad and the democrats Lame Stream Media thugs after Joe the Plumber. Yesterday I though Hussein would win, today I don’t think he will place or show. Showing the American people, before you are elected, that they will be subject to a 3AM knock on the door by the goon squad if you question the ‘one’ was a stupid move. Attacking a working man who works many hours of overtime in a drive to get ahead will not set well with working Americans. Time for the unions who are supposed to represent the working people to turn on Hussein and endorse McCain/Palin.

Hussein O is kin to Saddam Hussein, Castro and Chavez, at least in his tactics to control the population.

I am ‘Joe the Plumber’ and ‘Joe the Plumber’ is me.

watching cities of the under world on the history channel, seems chicago has always been corrupt, since the late 1800’s. shocking huh? not so much, so they have far more practice than the rest of the country at being dirty. talking about corrupt politians, “the grey wolves”, very interesting, very.

If the Democrats win 60% majority of the House and Senate like they are hoping for this election, then Obama, Pelosi, Reid, Dodd, and the rest of the Socialists can and will change everything they can towards the Socialist agenda. Even the non-socialist Dems would buy into it as they would pack each bill with earmark treats they want and their lobby buddies are pushing them to make. If McCain should win instead and they still take 60% of Congress it still wouldn’t matter because thats enough to bypass veto. The only way to stop it is to not only vote against Obama, but to vote against every Democratic House Rep and Senator running as well. There are numerous Red states like Alaska that vote Democrat for Congress because of all the pork money they bring in, Democrat for locals and State Senates because of all the new civic projects they create, but voters are blind to the increased taxes they make. Then they vote Republican for president and Governor in hopes things will balance out. They need to seriously rethink those voting strategies or we are sunk.

How much damage can he do in four years? Carter was only in for four years and his changes were nowhere near as ambitious and wide sweeping as Obama’s. The economy started crumbling by Carter’s second year mainly due to inflation. It wasn’t until Reagan’s eighth year until the economy started turning back around again from a deep recession. However, it was still in serious hurting status during Bush Sr’s administration and he received most of the blame and Clinton used the “it’s the economy stupid.” line to rule for the next 8 years. What people do not understand is it normally takes 8-10 years for successful presidential economic actions to come to fruition and show it’s full effects on the economy. Reagans fix was slow because for the most part they were battling an unsympathetic Democratic Congress. It doesn’t come overnight, it takes 8-10 years good economical results to work out. You have to allow things to stabilize. Clinton’s economy was so good because it was constantly being overhauled and tweaked for the previous twelve years and he only gradually mucked it up.

What we are seeing now is not Dubya’s economy, it’s the tsunami of the Clinton economy finally hitting land full force. It will be another 2 years before we can expect to see the results of the Bush economy, but that is only if the next presidency and Congress does not start drastically screwing with it as soon as they get in. If Obama goes in and immediately initiates his drastic tax plans as they are now in the middle of this recession, within two years any positives from the Bush economy will be negated, and we will be in a Depression. Like the Great Depression, it could take two decades to fix it.

@Rocky_B: thank you rocky, that explains alot of what will end up happening if the piece of pooh is elected.

Right on the dot Rocky!

Matthews Owns David Patterson and Obama

Here are some small business stats from 2003. Small businesses made, on average, $1.9 million a year, accounted for 99% of the employers and 75% of the new jobs.
http://www.residual-rewards.com/smallbusinessstats.html

Excellent stats on that link Greg, thanks.