Monday, October 27, 2008
I’m Sorry, But …
Generally speaking, much of what Obama espouses is Marxist light. Anytime you talk about “redistributing” wealth, you are treading on Marxist territory. Ok, call it socialism, but socialism is Marxism light. What I don’t understand is why everyone gets up in arms about pointing this fact out. If it walks like a duck, quacks like a duck, looks like a duck, it damn well is a duck for all intents and purposes. Even if it ain’t a duck, it may as well be a duck because it does everything a duck does.
Obama’s tax proposal relies heavily on wealth redistribution. His so called tax cut for all but those making more than 250 K holds more than the average person is aware of. One fact that people seem willing to overlook is that this so called tax cut program also gives tax money to people who don’t pay taxes at all.
Also, it seems that many people aren’t aware that the top 10 percent income earners pay something like 80 percent of all taxes. The bottom 40 percent pay nothing.
Also, no matter what measures government takes to increase taxes on corporations, corporations simply do not pay them. Oh, they fork over the money to the government, but they then pass down that expense, like all expenses, to customers, workers, etc. If it gets bad enough, many of them will simply pack up and move their operations to another, more tax advantaged country. Tell me, how does that help middle class America? Answer, it doesn’t.
Which is why the prospect of an Obama Presidency is not too appealing to me.
I’m just saying.
