Wealth Redistribution Explained... or Vote Obama, I Need The Money...

Now, that is funny. Atwater, Rove and Schmidt are legends for the smearing. You're a good boy for passing along an obvious email smearing campaign.

If you are concerned about issues, why not bring up real issues? Not this ridiculous, laughable, desperate Maxist BS.

It's amazing how many repubs actually seem to believe this,even when it is so patently false.
I don't need anyone to tell me which side is doing it,all I have to do, at least here in Virginia, is watch some tv ( I actually watch very little tv ) or open my mailbox.
The worst ALWAYS comes from the repubs. This is not opinion, it's fact.
PS: I'm not a democrat either, I actually would have voted repub for the first time in my life this election if they have nominated the right choice.

Kay,

That is one of the best posts I have ever seen on this topic. Thank you!

It is what I was trying to stimulate via my OP.

Regards,

John

Kay, did you take a look at the link in post #29? That shows how uneven the wealth redistribution is now.

Yes, I am in favor of rolling back the Bush tax cuts to the rich. I am for Obama's tax cuts for the middle class. I am against McCain's proposed increase in tax cuts for the corporations and wealthy. I am against McCain's proposed tax INCREASE on medical insurance benefits. ( increase from zero BTW. The first time in history medical benefits would be taxed! ).

Obama's tax cuts won't go to people who don't work. That's false.

I am glad to discuss the tax issues, or a specific program etc... but when people start saying Obama is a socialist and comparing his policies to Marx, this is just not a debate.

The reason some of us Obama supporters point to what McCain and Palin say or do is to point out the hypocrisy of their statements.

Kay,

As I posted on another thread, I support the concept of Palin's "share the wealth". It is the HIPOCRACY and baseless name calling I am against, not Alaska's plan to share its wealth.

Palin is calling Obama all sorts of names, like "Obama the socialist", while she has supported the EXACT same thing.

The wealth is already being redistributed, to the WEALTHY. And this "share the wealth" in the context of your post is why Warren Buffet supports Obama. Warren Buffet pays a LOWER percentage of his income than his secretary does. Do you think that's fair? Buffet doesn't.

You're pretending that we aren't already "sharing the wealth". Did you know that HALF of our military budget is spent defending big business interests overseas? Why should I have to pay to defend Exxon in the Middle East? Shouldn't they foot the bill themselves?

And you do realize that the military is the biggest slice of the budget pie? Half of it goes to defending the rich overseas, not to defend the country.

Another point you miss is that the Obama tax plan will tax people at about the same rate as Reagan and Clinton.

And, I believe the better the poor in this country do, the better small business will do. It's a fact that poor people spend money and the wealthy save, which is why the trickle down theory is, and has been "voodoo economics" for almost 30 years.

Stating that a business making over $250,000 a year will have to lay off productive employees doesn't make it true. I believe if the middle class does better, small business will do better. Sure, small business will pay more taxes, but their BOTTOM LINE will be better. And in business, the BOTTOM LINE IS THE BOTTOM LINE.

And, if their employees pay less tax, doesn't it stand to reason that a small business can pay their employees less, while the emplooyess keep the same take home pay?

The normal theory is the more you tax something, the more you discourage it and in reverse, the less you tax something, the more you encourage it. Therefore, by reducing taxes on the working class, you would encourage more workers.

Can you explain why you are going against this age-old logic and say lowering income taxes on the working class would cause small business to lay them off?

Also, both India and China are churning out about 50,000 more engineers per year than we are. That means in 20 years, each will have 1 million more engineers than us. How will we compete? How will we defend ourselves? What's your plan for this?

Sharing SOME of the wealth with our working class, actually a small part of our wealth, is a good idea, IMO. We're not sharing it all. Some say we are punishing the wealthy...IMO, we'd be REWARDING the workers. Despite some opinions on this forum, I feel teachers, cops, construction workers, ambulanced drivers need a little help now.

Regarding the poor, are you talking about the lazy or those that need help due to circumstances beyond their control? Or are they not working because they lost the job at the factory, but have worked for 15 years before that? Or are you speaking of a person that hasn't had a job in 15 years? Are you talking about a homeless Vietnam vet? I'm not very "liberal" when it comes to the lazy.

Now it's your turn...Please defend McCain's tax strategy? I like Palin's in Alaska...What about McCain's?