Date registered: Sep 2004
Vehicle: 83 Astral Silver 280 SL
Location: Planet Houston
Mentioned: 0 Post(s)
Quoted: 8 Post(s)
So you are good with income redistribution? Sorry, ain't gonna happen. Obama is already backing off of promises. One of them is his tax the rich meme.
I'm betting he will quietly allow the Bush tax cuts to expire, therefore, raising taxes.
So, you are in favor of continuing to finance tax cuts for the wealthy with borrowed money? How is that morally right - giving free money to the rich that has to be paid back later by the general public? The real truth is income distribution, from the American middle class to the very wealthy, has been going on since those tax cuts were passed - they are essentially phony, because the cost of government was never decreased. What we really have is cash financed by general obligation debt being distributed to those who gain the most from our economic and governmental systems, and now expect to pay the least in taxes while the rest of us are supposed to pay the debts. I don't know any middle income people who think they got a "tax cut" during the Bush years, what they got was screwed. Letting those crooked tax cuts expire is the only right thing to do, they have never been anything more than a scam. Myself, I think it's about time they started to pay while tax cuts go to the middle class. What a concept.
Recall that earlier generations faced down fascism and communism not just with missiles and tanks, but with sturdy alliances and enduring convictions. They understood that our power alone cannot protect us, nor does it entitle us to do as we please. Instead, they knew that our power grows through its prudent use; our security emanates from the justness of our cause, the force of our example, the tempering qualities of humility and restraint.
-President Barack Obama, 1st Inaugural address
Last edited by FeelTheLove; 01-14-2009 at 02:54 PM.