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"I understand the realities of having a progressive tax system, but Obama crosses a line with me when he is going to tax the rich just to hand it straight over
by msg 18y ago
"I understand the realities of having a progressive tax system, but Obama crosses a line with me when he is going to tax the rich just to hand it straight over to everyone else in $1000 cash increments."
We've all been funneling money into the pockets of rich people since the Bush tax cuts passed. McCain wants to extend them. For me, Obama is not so much crossing the line as uncrossing it.
Taking a policy like tax policy out of the historical context, you will always be able to label tax increases as socialist and tax decreases as anarchical. These labels mean nothing and pollute the discourse.
The correct question to ask is, what have our previous budget priorities taught us that we can use going forward? Should we, for instance, continue supply-side economics and the dogmas of market deregulation?
All politics about anything is about the redistribution of wealth.
(I didn't vote down your comment, incidentally. I reserve downvotes for forum abuse.)