Look, there is a reason "Joe the Plumber" became a household name. For one fleeting moment he successfully made Obama be specific about his approach to taxes and economics (and btw, these attacks that he hasn't a plumber's license - he's an apprentice - etc, are sickening and demonstrate to me just how vulnerable Obama apologists know there man is on this issue, but I digress ...). The results of that momentary specificity were not surprising to me. Non partisan groups rank Obama as "the most liberal U.S. Senator" for a reason. And the fact that McCain is only NOW exploiting that liberal agenda, by asking Obama to simply be specific, has been a whopper of a mistake.
Now on those "specifics", or lack there of. "95% of Americans will get a tax cut." If I hear that intellectually fraudulent phrase even one more time my eyes will shoot fountains of blood. But even with that rather nonspecific phrase we can see much of what Obama believes. We had an inkling when Charlie Gibson pressed Barak in a debate with Hillary. Obama claimed our markets could sustain doubling the capital gains tax in order to pay for health care etc. Gibson pressed him with the historical fact that receipts to the US Treasury actually went UP each time time that rate has been cut. Three times Gibson pressed him until Obama finally lamented, "It's not just about tax revenue Charlie, it's about basic fairness." WHAT??? The US treasury ISNT about raising revenue, but rather an instrument for dolling out an ideological brand of social justice? Mac should be creaming him on that. But, back to this 95% ...
The "tax cut", as Obama explains, will be in the form of a "rebate check." Uh huh ... I see. That's great right? That's moderate, even if it's not for those taxed the highest, at least it's a "cut" in taxes ... right? The problem is that the bottom 40% of employed adults (almost half of his targeted rebate group) pay an effective income tax rate of ZERO, Nada, nothing. What do you call a rebate check that was never "bated" in the first place? Answer: WELFARE. Mac finally hit Barry on that very point today ( 14 days outside of the election ... ugggh) and Obama responded by explaining that it is NOT welfare or a handout, because these bottom 40% pay "other" taxes, like sales tax etc. The problem there is that the tax code already rebates that form of taxation to those lower economic earners - it's what the EITC or Earned Income Tax Credit does!
They've redefined the language. Its verbal ninjitsu. Ideologically liberal members of congress don't "spend" anymore, they "invest." McGovern proposed this same form of welfare as a mass appeal in 1972, and it was laughed off the national stage. He called it a "grant" however. No longer ... it's now a "tax refund check" ... even though the money was never "funded" in the first place.
The classic "tax and spend liberals" are most effectively dealt with when they are identified as tax and spend liberals! So do it already Mac. Because whatever Obama wants to call it - an extended EITC, rebate, refund, WHATEVER, what is fantastically evident is he wasn't lying to ol' Joe the Plumber. He literally is going to "spread the wealth around." This is text book wealth redistribution. So say so McCain ... and hurry up about it.
Wednesday, October 22, 2008
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