MInTheGap

Standing in the Gap in a Society that's Warring with God.

Spread the Wealth Up?

October 25th, 2008 Visited 1914 times, 1 so far today

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The effect of Joe the Plumber continues…

In a recent satellite interview with Sen. Biden, the WFTV-Channel 9’s Barbara West did not pull any punches—costing her channel the ability to have any future interviews with the Obama campaign (there had been one scheduled).  Why?  Because she asked some questions that challenged the #2 pick with some of the right wing talking points in an effort to get a reaction.  Not the typical softballs that were expected.

The Interview

Spreading the Wealth

The thing that really stuck out with me in this interview was the way that the talking points have changed to try to take the edge off of the McCain campaign’s new focus on Sen. Obama’s tax plan.

But come on…  The part where Sen. Biden says that Sen. McCain’s plan (and President Bush’s tax plan) currently “spread the wealth up?”  I mean, how exactly does that work?

It’s not like the government takes in money and then hands it back to the wealthiest Americans.  In fact, the “Bush tax cuts” adjusted tax rates before payment—exactly the opposite of raising taxes on the rich to give money to the “middle class.”

The Mythical Middle Class and the W-4

And just who is the middle class that will have their taxes dropped anyway?  With my three children it wasn’t until this year that I was paying any federal income tax—and though my coworker does pay some, he really doesn’t know how much he should pay because he isn’t filling out his W-4 correctly.

In fact, there are many people that don’t change their W-4 when they have children, or intentionally leave it with 0 exemptions in order to get a lump sum in March.  It’s stupid1, but they do it.  So, will these people see their taxes drop?  Sure—but they shouldn’t have been paying that much in the first place.

Do these people really need more taxes cut, or do they need to start filling out their forms properly?

So who is the middle class that is paying taxes that Sen. Obama is going to cut?  And if the upper class doesn’t have money to pay for the middle class jobs, won’t this great tax cut for them be moot because they won’t have an income because they won’t have a job.

Game_of_life Spreading the Wealth

The phrase “spreading the wealth” is so devastating, and anyone who’s played the classic game of Life totally understands it.  In the classic game, there were these little white cards and one of them was “Share the Wealth” which entitled you to take a portion of what someone else earned from the space that they just landed on.  It was great if you had the card, it was awful (unless you had the appropriate cancel card) if you were the one that expected that money.

What Sen. McCain and Pres. Bush did was to allow the player to keep more of their money—what Sen. Obama wants to do is to play one of those cards on everyone—even if that someone turns out to be you.

I mean, what a great incentive to work hard and pursue the American dream where when you get to a certain point the government’s going to say when you make too much and start to give it to someone else.

Is this really the change we need?


  1. They’re not making interest on the money and they’re letting the government hold it all that time. []

Comments

4 Comments

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  • Holly says on: October 25, 2008 at 9:56 pm

     

    Aw man, I was thinking, “I want to post about this!” and “’bout time someone asked Joe Biden or Barack Obama some tough questions.”

    (Seriously…what is it like to glide through a presidential campaign without anyone in the media ever asking you a hard question…someone besides Rick Warren, I mean?)

    (And again…do we all realize how dangerous a press has become when it completely frames our thoughts, particularly when that is coupled with an enigmatic and smooth personality, particularly when that is paired with a nation that is strongly ruled by one party? Hmmm. Has this ever happened to any other society in history….? ACKKKKKKK!)

    So, you beat me to the punch on this one. Good for you! (See if next time I equivocate…and think things like…”MIn won’t want to post over the weekend…”)

  • Gary Baumgarten says on: October 26, 2008 at 9:54 pm

     

    We’ll be discussing Obama’s “spread the wealth” taxation plan on News Talk Online at 5 PM NY time Monday October 27.

    Please go to http://www.garybaumgarten.com and click on the Join The Show button to participate. There is no charge.

    Thanks

    Gary Baumgartens last blog post..Spreading The Wealth Around

  • Musicguy says on: October 28, 2008 at 10:57 am

     

    Yeah, this whole “rich helping the poor” nonsense has to come to an end. I think I read that somewhere else too– the Bible perhaps?? But I guess Jesus didn’t really mean that. Face it, JC was as socialist as they come. Christians tend to be so NOT like him.

    Musicguys last blog post..Save us from the Isalmic heathens!

MInTheGap

Standing in the Gap in a Society that's Warring with God.

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