Obama told a plumber that yes, he would probably raise his taxes.
“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 for success too,” Obama responded. “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.” (see the whole article here).
Obama’s attitude is taken straight from the textbooks under the title “Socialism.” The American Heritage Dictionary defines socialism as:
- Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
- The stage in Marxist-Leninist theory intermediate between capitalism and communism, in which collective ownership of the economy under the dictatorship of the proletariat has not yet been successfully achieved.
As I wrote about the other day, Obama’s wife, Michelle, also wants Americans to start sharing the wealth.
“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.”
Now we learn that Barak Obama was a member of the Democratic Socialist Party’s Chicago New Party. Although the Obama campaign claims he never was a member, some people have done some digging and have come up with evidence that yes, Patricia, there is a Santa Clause. His name is Obama. Why won’t McCain bring this information to light? There is even a photograph of him celebrating with other New Party members who won their election bids.
Is socialism such a bad thing? The Parade magazine that came in my Sunday paper had a short article detailing what each candidate’s tax plan would mean for Americans’ bottom line.
Obama McCain If you make… you’d
less than $19,000 $567 $21 $19,000-$37,600 $892 $118 $37,600-$66,400 $1118 $325 $66,400-$111,600 $1264 $994 $111,600-$161,000 $2135 $2584 $161,000-$227,000 $2796 $4437 If you’re in the top 5% of earners… you’d pay
$227,000-$603,400 $121 $8159 $603,400-$2.87 million $93,709 $48,862 more than $2.87 million $542,882 $290,708
First of all understand that no president can actually create a tax plan. He can propose one, but ultimately our lawmakers will create any tax legislation that gets passed.
Obama rails against the “trickle down” economic theory. I think his logic is faulty. Those top earners are the ones who create jobs that others get. No one person has to stay in one income bracket their entire lives. Capitalism is the system of economics that the United States has historically followed through the years. It is defined by the American Heritage Dictionary as:
In fact, one dictionary even sets the word capitalism as an antonym for the word socialism.
So what does this mean for America? Those who make the most money already pay the biggest percentage of taxes. Why does Obama want to tax them more? So he can, in his words,
spread the wealth around…”
My wealth is already being spread around in the form of income taxes, sales taxes, and property taxes. Last year my family’s total tax bill was about $80K. Who knows where it went? Perhaps it lined someone’s pocket. I hope it went to WIC and helped feed a hungry child. The problem is, our government is not set up with transparency, so I have no way of knowing where my $80K piece of pie went last year. As a taxpayer, I think I have the right to know where my dollars are being spent. And I have no confidence that either candidate has the moxy to make the government completely transparent.
As I wrote yesterday, I have a newfound peace about this election because I know that God will work His will no matter who is elected. But I have to do my duty and let the voters know the truth about Barak Obama. He is, by definition, a socialist in the way he thinks, and he will demand higher taxes from those who earn more. He says he does not want to punish our success. But that is exactly what he’s going to do.
And it’s why we need the FairTax — so that we have the freedom to determine when our money is going to Uncle Sam by virtue of where we spend our dollars. If we consume, we pay a tax.
Are you hungry for some pie, anyone?