Sen. Barack Obama's socialist economic policies would hit these hard working folks quite hard. And Obama's socialist tax and spend redistribution of wealth politics came into full view yesterday during an exchange with a plumber, Joe Wurzelbacher. Here's the exchange:
The New York Post puts a bow on this.
An unscripted moment with an Ohio plumber produced a startling confession from Barack Obama Sunday: The Democrat's "middle-class tax cut" is in fact a scheme to "spread the wealth around."This is socialism. Pure and simple.
Obama dropped the mask long enough to tell the truth to Toledo plumber Joe Wurzelbacher - who had asked the Democratic nominee why he wanted to jack up his taxes just for "fulfilling the American dream."
"I'm getting ready to buy a company that makes $250,000 to $280,000 a year," Wurzelbacher had told Obama. "Your new tax plan is going to tax me more, isn't it?"
"It's not that I want to punish your success," Obama replied. "I just want to make sure that everybody who is behind you, that they've got a chance for success, too . . . When you spread the wealth around, it's good for everybody."
At last! The truth outs!
It isn't about tax cuts for the middle class. It's about taking money from those who make it to give to those who don't have money. It is class warfare in disguise and Obama shows utter disdain for the entrepreneurial spirit that this nation is founded on.
Obama's idea of tax cuts aren't actually cuts at all, but refundable tax credits that would be paid to people who paid no income tax at all. Consider the laundry list of tax credits involved: $1,000 "make work pay" credit; a $4,000 college-tuition credit; a $6,000 child-care credit; and a $1,100 bump in the earned-income tax credit.
If these were in the form of income tax deductions, it wouldn't apply to those who paid no taxes - the poor who already don't pay any tax (which is part of the chicanery to claim that 95% of the people under Obama's tax plan would see tax cuts - you can't cut taxes for people who already aren't paying any tax). These are little more than handouts to try and guarantee a win in the election and doesn't encourage economic growth.
If Sen. McCain and his advisers are paying attention and smart (and on both counts I have had to wonder if that were the case), they would hammer away on this point at tonight's debate.