We are learning more and more about Barack Obama's tax plan--it is not a tax cut but a socialistic increase in spending.
As Obama was on the campaign trail in Ohio this week, Obama encountered Joe the plumber--a small businessman. He was not impressed with the Obama tax plan. Fox News Neil Cavuto interviewed Joe.
Now Barack's response, 'Spread the Wealth Around' Comment Comes Back to Haunt Obama:
Sen. Barack Obama’s recent comments to a plumber named Joe are making
some Americans nervous about Obama’s wealth-redistribution tendencies.
“Your tax plan’s going to tax me more,” the plumber named Joe Wurzelbacher told Obama at a rally in Ohio on Sunday.
Wurzelbacher told the Democratic presidential candidate he’s about to
buy a company that will put him above the $250,000 income level. Obama
has said he will raise taxes on people making a minimum of $250,000 –
and that includes small businesses that file taxes as individuals.
“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,” Obama told the plumber.
That spread the wealth comment was picked up by "McCain and other critics, who say Obama sounds like a socialist."
Contrast that with the McCain position:
“My friends, my plan isn't intended to force small businesses to cut
jobs to pay higher taxes so we can ‘spread the wealth around.’ My plan
is intended to create jobs and increase the wealth of all Americans,”
McCain said.
McCain says he would reduce business tax rates to boost job-creation.
After the yesterday's debate, the Joe was interviewed by ABC: Joe The Plumber: Obama Tax Plan 'Infuriates Me'. CBS also interviewed Joe post debate; he said the McCain health care plan would help him more. Joe didn't get to say anymore because the network said they were out of time.
The idea of taking from the more wealthy, like Joe, and giving to the less wealthy, regardless of if they pay federal income tax or not, is not a tax cut. It is welfare. It doesn't sound like socialism, it IS socialism.
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Links:
Brookfield7, Fairly Conservative, Betterbrookfield, Jay Weber, Mark Levin, Vicki Mckenna