Promises of Redistribution and Spread the Wealth
October 31st, 2008 at 03:22pm KMorrison
David Harsanyi’s article If It Redistributes Like a Duck… looks at Obama’s plans to change the fundamental structure of the American economy by focusing tax codes on redistribution of wealth.
Obama is the first major presidential candidate in memory to assert that taxation’s principal purpose should be redistribution.The proposition that government should take one group’s lawfully earned profits and hand them to another group — not a collection of destitute or impaired Americans, mind you, but a still-vibrant middle class — is the foundational premise of Obama’s fiscal policy.
It was Joe Biden who said (not long ago, when he still was permitted to speak in public), “We want to take money and put it back in the pocket of middle-class people.” The only entity that “takes” money from the middle class — or any class for that matter — is the Internal Revenue Service. Other than that, there is nothing to give back.
And who knew we needed such a drastic renovation of an economic philosophy we’ve adhered to these past 25 years (yes, counting Bill Clinton’s comparatively fiscally conservative record)? Despite a recent downturn and with all the serious tribulations we face, Americans have just lived through perhaps the most prosperous and peaceful era human beings ever have enjoyed.
From 1982 until now, every arrow on nearly every economic growth chart — every health care chart, every chart that matters — points in one general direction, and that’s up.
Obama, who, it seems, is running not only for president but also for national baby sitter/accountant/daddy/icon, ignores this success and claims he can “invest” (will that euphemism ever go away?) and disperse your money more efficiently, smartly and fairly than you can. How could any American accept the absurdity of that position?
Promises of Redistribution and Spread the Wealth
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7 Comments Add your own
1. Joe | November 1st, 2008 at 7:20 am
“It was Joe Biden who said (not long ago, when he still was permitted to speak in public)…”
First of all… it is funny you say this about Joe Biden when Palin has been sheltered since she was introduced as the VP choice.
Biden has done what? 200 interviews? Palin has done 4.
As for the just of the article you post, it is just foolish.
Because he wants to roll back tax rates on the top 5% of Americans back to the Clinton rates while cutting it for the lower 95% of Americans is not “redistribution”… you know it, McCain knows it and David Harsanyi knows it.
All you people are doing is jumping on one thing that Obama said and not even jumping on it correctly!
Please read
2. Joe | November 1st, 2008 at 7:22 am
By the way KM… I have noticed that while you are posting these things, neither you, Geoff or anyone comes out to defend them.
Are you just spouting McCain talking points and not really believing them???
3. LiberalNitemare | November 2nd, 2008 at 11:30 am
Actually, Obama has a long history of comments and statements that reflect on his desire to redistribute monies.
Many of these statements haven been available in the past week on news channels and are available on you tube. How is it that you have managed to miss these?
In passing I’d also like to mention that Obama and several other Obama-spokes people (notably Joe Biden) have recently ‘redefined’ exactly who will be affected by those tax increases. From house holds that make 250, 000 a year down to Homes that make 120,000 a year.
Who knows how low it will go this week?
4. Joe | November 3rd, 2008 at 1:56 pm
Actually, Obama has a long history of comments and statements that reflect on his desire to redistribute monies.
So apparently you do not like the progressive tax system that has been in the USA since the 1800’s? Perhaps you don’t understand that any progressive tax system is going to “partially” redistribute monies. So apparently McCain is also a socialist!!!!
Look… the country owes a LOT of money. My kids and everyone’s kids as well as our kid’s kids are going to be paying for this debt for a long time to come. Obama’s plan is a way to give the middle and lower class families a chance to get their heads above water in this environment with a tax cut. Since those are the people that will go out and spend whatever they got, it pumps more money into the economy. More goods are being purchased. That, in turn helps companies grow. This will help the poorer and richer citizens alike. Obama allowing the Bush tax cuts to expire on those above 250k is a way to keep revenues moving along since that debt isn’t shrinking on its own. The upper 5% in this economy are not as hard hit as the other 95%. I am close to being in that 5%, but not there at this point. I would have no problem paying some extra money if it means my kids have the potential for a better future in this country.
Look…. Trickle down economics doesn’t work. It never has and it never will.
I explain it this way to my 7 yr old daughter when she asked who I was voting for.
McCain wants you to pay for my life being better (financially).
Obama wants me to pay more so your life is better (financially).
I’ll take that latter of those two EVERY DAY OF THE WEEK.
5. Joe | November 3rd, 2008 at 2:49 pm
Many of these statements haven been available in the past week on news channels and are available on you tube. How is it that you have managed to miss these?
Apparently you just believe whatever it is that McCain & Palin tell you.
Dammit man……. Research on your own at some point!
6. KMorrison | November 10th, 2008 at 11:08 am
Congratulations Joe…
G** Da** It Joe Kept Me From Hating Obama Supporters No Matter How Hard I Tried
Congetulations Joe! You’re the only Obama supporter who who kept challenging me with legitimate arguments. Everytime I wanted to say ‘those d**n Obama supporters keep talking that BS hope and change’ you kept talking logic
GD it! I hope you don’t blame me for losing my nut, because it wasn’t intended as an anti-Obama rant. I wish Senator/President Obama the best. I still am a big dorky McCain fan despite his loss, but you also made made a big dorky Joe fan too, and I hope you can forgive me for me stupid rants (I was writing by third party software the last month or two [good excuse?]). Maybe someday we can talk ethanol and free trade; you deserve kudows for being consistently smart and rationale; I strayed and I appologize.
Thank you for making me think. It ticked me off, but I’m better for it…
K. Morrison
7. Joe | November 14th, 2008 at 1:01 pm
KM,
Thanks for that.
I was thinking that for the last few weeks, you had completely given up on McCain since I didn’t see you defending any of the topics.
I’m not one to think that Obama is going to solve all ills of this nation, but I like his ideas and how he will go about things.
Now if only some of the far right on Blogs for Victory would read a little bit and actually engage in debate instead of just calling Democrats (and Obama) solcialist pigs!!!
While your at it, tell Mark and Matt to allow me to post on their site. Maybe we can close this partisan divide with a little bit of actual talk.
Nice debating you these last few months.
– Joe
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