Friday, October 31, 2008

A Little Obama Preview

This from the Cleveland Plain Dealer:

"Obama's answers...made it crystal-clear that he sees taxation as a tool not only to pay for government, but as a tool to reassign the wealth of individual Americans directly to other individual Americans as government sees fit. If he doesn't believe in trickle-down economics, fine. But having government decide precisely how full each American's glass should be -- and them making the necessary adjustments -- would be a whole new ballgame."

And this, from the Denver Post:

"You know, once upon a time, the stated purpose of taxation was to fund public needs -- such as schools and roads -- assist those who could not help themselves, defend our security and freedom, and yes, occasionally offer bailouts to sleazy fat cats.

Obama is the first major presidential candidate in memory to assert that taxation's principal purpose should be redistribution.

The proposition that government should take one group's lawfully earned profits and hand them to another group -- not a collection of destitute or impaired Americans, mind you, but a still-vibrant middle class -- is the foundational premise of Obama's fiscal policy.

It was Joe Biden who said (not long ago, when he still was permitted to speak in public), "We want to take money and put it back in the pocket of middle-class people." The only entity that "takes" money from the middle class -- or any class for that matter -- is the Internal Revenue Service. Other than that, there is nothing to give back."

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