Barack Obama tax plan: It's time to spread the wealth around

[lodge939]

http://www.breitbart.tv/html/195153.html

the WSJ op-ed points out that Obama will tax the top 5% and then send checks to the people who don't pay any taxes in the mail. Socialism is here :D

[Original_Intent]

Declare war on the international bankers, and return all the confiscated (stolen) wealth of the last century.

[Theocrat]

Obama is a megalomaniac. What gives him the right to think that he should "spread the wealth" amongst 95% of Americans? What he fails to understand is if you only tax the top 5% of "better-off" Americans, it only will decrease the wealth of the 95%, due to the fact that the 5% will pass on the tax burden to the rest through loss of jobs and decrease in wages, bonuses, etc. Of course, people as wealthy as Obama won't be hurting in the end because the rate at which they are taxed still leaves them with disposable income exceeding the average "95-percenter" by an exponential amount. Obama is unbelievably ignorant and dangerously naive.

[Brassmouth]

http://online.wsj.com/article/SB122385651698727257.html

It's a good read. This is scary, folks.

Socialism IS here!

[tonesforjonesbones]

I keep tellin you Obama is a COMMUNIST. If he gets in, forget free markets, forget being a property owner, forget your guns, forget your CONSTITUTION..because HIS Bible is the COMMUNIST MANIFESTO...WAKE UP LIBERTY LOVERS! TONES

[seapilot]

I keep tellin you Obama is a COMMUNIST. If he gets in, forget free markets, forget being a property owner, forget your guns, forget your CONSTITUTION..because HIS Bible is the COMMUNIST MANIFESTO...WAKE UP LIBERTY LOVERS! TONES

Spot on. If this was the 50s and 60s he would be on the CIAs short list of marxist promoters. Back then Obama would have been a great dictator of a 3rd world country like castro...

Obama is elected there will be states that band together and the second civil war will be on its way. Change will be a happenin!

[HOLLYWOOD]

It doesn't matter who's in office and what the TAX/CREDIT/FINANCE/BUDGET schemes that are thrown to the public.

They(GOVERNMENT) are all GIMMICKS... to take more in and pay less out in the Complexity that is intensionally conjured up in their colluding sorcerous ways.

GOVERNMENT is EVIL and lay the ground work whatever way, for complete control and dominance.

If government wanted to give back to the people...

They could cut taxes 10%, 20%, 30% across the board! Let the people keep their money and fruits of their LABORS, NOT this WE TAKE, YOU SUBMIT, WE GIVE SOME BACK, IF WE THINK you should have it!

MORE intervention... MORE TAKING, MORE COMPLEXITY... MORE GIMMICKS

Keep the money OUT of GOVERNMENTS hands... then there's now worry about, WASTE, CORRUPTION, COLLUSION, INEFFICIENCIES!

[ItsTime]

Anyone have the youtube without fox news in it? I know some people who will automatically dismiss it because it was on fox news.

[Dieseler]

I hear ya. I had to start watching Fox again because CNN and MSNBC were making me sick to my stomach.

[entropy]

hence why I am voting for McCain. Yeah it sucks, but damn Obama is scary marxist. He seriously believes in collectivism, at least McCain has some common sense.

[ItsTime]

no one has this without the fox news clowns?

[dannno]

hence why I am voting for McCain. Yeah it sucks, but damn Obama is scary marxist. He seriously believes in collectivism, at least McCain has some common sense.

So you would rather spend billions blowing up bridges and rebuilding them than giving the money to the poor and middle class that has been destroyed by the Fed?? That's not common sense, that is utter stupidity.

Look, I'm for economic freedom and such, but even Ron Paul admits that it is the people on the bottom who have been devastated by the system, and if our tax dollars have to go somewhere it should go to them.

I'm tired of 100 years of corporate welfare, we didn't even need citizen welfare for at least 30 years after corporate welfare began... and all you guys can complain about is citizen welfare?? 100 years in Iraq McCain has common sense?!! WTF??

[silus]

http://www.breitbart.tv/html/195153.html

the WSJ op-ed points out that Obama will tax the top 5% and then send checks to the people who don't pay any taxes in the mail. Socialism is here :D
I have heard many of the responses here, and i'm slightly confused...

One candidate says he will spread the wealth...
The other candidate rejects the notion of wealth re-distribution.

Meanwhile, outside of the campaign rhetoric and in into reality, the system we have in place and have had in place does indeed functions by wealth re-distribution along with a graduated tax rate. So my question is why do people key in so much on what people say without interpreting it in the context of reality? There is no reason to key in on one candidates statements when clearly the same basic economic system will be repeated by the other candidate.

Frankly, this is why I hate Republicans even more. At least Democrats arent afraid to express their economic policy. Republicans are complete frauds, as they continue to illegitimately use traditional republican values to get themselves elected. Its completely disgusting. Which is why it was so easy to question Ron Paul's campaigning as a Republican SIMPLY because he didnt agree with the war. Thats how diluted the Republican party is. They, more than Democrats, are truly the greater barrier to our liberty.

[The_Orlonater]

I keep tellin you Obama is a COMMUNIST. If he gets in, forget free markets, forget being a property owner, forget your guns, forget your CONSTITUTION..because HIS Bible is the COMMUNIST MANIFESTO...WAKE UP LIBERTY LOVERS! TONES

Coming from the Hamiltonian. :rolleyes:

[mudhoney]

hence why I am voting for McCain. Yeah it sucks, but damn Obama is scary marxist. He seriously believes in collectivism, at least McCain has some common sense.

You're falling for this crap? Even while Democrats seem to be more statist and socialist than Republicans in their rhetoric, so called "conservatives" have expanded government power even more than the liberals. Especially lately. You can't make a "better" choice between these two candidates.

[Ben2008]

Obama is a megalomaniac. What gives him the right to think that he should "spread the wealth" amongst 95% of Americans? What he fails to understand is if you only tax the top 5% of "better-off" Americans, it only will decrease the wealth of the 95%, due to the fact that the 5% will pass on the tax burden to the rest through loss of jobs and decrease in wages, bonuses, etc. Of course, people as wealthy as Obama won't be hurting in the end because the rate at which they are taxed still leaves them with disposable income exceeding the average "95-percenter" by an exponential amount. Obama is unbelievably ignorant and dangerously naive.


Maybe he knows it is economically harmful, but he's promising it anyway in order to buy votes from most people who don't know any better.

[Ben2008]

Yes you can. McCain would be least harmful. I hope he wins, if for nothing else that he's of a different party than the majority of Congress. If Obama gets in there will be nothing to stop a socialist revolution.

[mudhoney]

Yes you can. McCain would be least harmful. I hope he wins, if for nothing else that he's of a different party than the majority of Congress. If Obama gets in there will be nothing to stop a socialist revolution.

McCain supports all of the bailouts and proposes to do even more socialist measures to "save the economy". Just because the republicans use more free-market rhetoric doesn't mean they are different. Just like what we've seen between the Bush administration and the Democrats in Congress, McCain and Congress will have no problems working together to socialize everything they can in the name of the economy.

[James Madison]

You're falling for this crap? Even while Democrats seem to be more statist and socialist than Republicans in their rhetoric, so called "conservatives" have expanded government power even more than the liberals. Especially lately. You can't make a "better" choice between these two candidates.

The conservatives didn't expand the government, the globalists did. It wouldn't have mattered if Gore or Kerry had been president, the same policies would have been carried out only it would be the dems taking the blame instead.

[Defining Obscene]

Lol... I like the notion that its Obama's fault this country has gone communist. Hes merely giving people the choice, and by God, they're going to choose it. Not sure how you can hate one man for being the figure head of a majority-approved ideology in this country. Like they say, don't hate the player, hate the game.