Barack Obama has been talking about the economy and taxes a lot lately. What Barack Obama has been doing, and doing very effectively I might add, is create a class warfare type situation in regards to the US tax system. He has been making the claim that he will charge wealthier Americans more in taxes than those earning less. Basically the tax plan he has been touting is what is called redistribution of wealth. He will take more money from the wealthy and use for more entitlement programs for those that makes less.
Obama and Biden have even made the ridiculous assertion that this is a patriotic thing to do. I am sorry, but taking money from one group of people to give to another is not patriotic. It is however extremely foolish. When Obama and Biden started spewing this garbage it made me question their judgment and worthiness to occupy the White House even more. Their ideas on the US economy sound more like they come out of some young communists meeting on a college campus than a serious contender for President of the United States.
One of foolish assumptions that these two politicians make is that President Bush’s tax cuts helped no one but the wealthy and corporations. I am here to tell you that they helped me more because I got a larger percentage break than those that earn more than I. Sure the wealthy got back more money, but that is because they paid more in taxes to begin with. I however got the larger percentage of my taxes back.
If Barack Obama really wanted to be fair when it comes to taxes he should implement a tax code that is much simpler and equal across the board. For a truly fair tax system we need to either implement a flat tax with one tax rate across the board. Or we need to replace the current income tax system with a consumption tax where you only pay taxes on what you spend. Of course Obama will never go for that. After all he doesn’t really care about fair taxation, what he wants to do is redistribute wealth. I don’t know if he doesn’t realize that this would doom our economy or what. All I know is that we have to stop this from happening. For the love country do not vote for Barack Obama.
Filed under: Abregar, Common Iowan | Tagged: Barack Obama, Class Warfare, Economy, Joe Biden, President Bush, taxes
