Obama Policy: Economy

Story Here

Obama's own words - "my plan is to spread the wealth around"

MARXIST WEALTH REDISTRIBUTION

In his own words. He said it. Tax the productive.
Give to the unproductive. TAKE from those who work for their $$.



[edit on 10/14/2008 by FlyersFan]

Originally posted by FlyersFan
Story Here

Obama's own words - "my plan is to spread the wealth around"

MARXIST WEALTH REDISTRIBUTION

In his own words. He said it. Tax the productive.
Give to the unproductive. TAKE from those who work for their $$.


[edit on 10/14/2008 by FlyersFan]

I heard this on the radio this morning and couldn't believe what I was hearing. Well, for anyone that claims Obama's not a socialist and that we Republicans only use the word "Socialism" as a term blindly not knowing what it is - there you go.

Capitalism - Creation of resources that are redistributed to the most productive members of society

Socialism - Confiscation of resources that are redistributed to the least productive members of society

Obama's "spread the wealth around" comment is CLEARLY, CLEARLY socialism in it's most basic form.

And any of you thinking, "well, spreading the wealth around doesn't sound like a bad idea" will be singing a different tune when you realize it's YOUR wealth that Obama wants to spread around.

reply to post by FlyersFan

TAKE from those who work for their $$.

At some point it goes BEYOND capitalism and right in to gluttony and greed. For one person to make BILLIONS of dollars quarterly....to the guys I see everyday at 6:30 AM unloading trucks for 30K a year....there is a VAST DISPARITY IN INCOME.

The guy making BILLIONS might work hard.....sure. Do you mean to say the guy who makes 30k doesn't bust ass??? Why is his work worth a FRACTION OF A PERCENT of the other guy's??? Is the average guy lazy???

The answer is NO. The system is built BY THE RICH FOR THE RICH. Why.....if I get a bonus, on a 40k salary....does it get taxed OVER HALF? Win the Lotto.......how much do you keep.....??? Half. It is in their best interest for you to stay poor and work until you die.

How Much in ACTUAL TAXES percentage wise would you say they pay??? We know what the CORPORATE tax rate is.....what is the "rich guy" tax rate after the Bush tax plan?

I will tell you....LOWER. How many jobs have they been creating? None.

Disparity. Not Robin Hood.

reply to post by sos37

And any of you thinking, "well, spreading the wealth around doesn't sound like a bad idea" will be singing a different tune when you realize it's YOUR wealth that Obama wants to spread around.

HOW MUCH MONEY DO YOU MAKE?!?!??!
You must be doing VERY well to be worried....Fortune 500??
No, must have a mid-size to large business? No.......Oh, fear mongering. OK.

reply to post by Grafilthy


My income is 6 figures, and I do own my own business.

Why shouldn't I be fearful of the policies that moron wants to put in place?

Originally posted by Grafilthy
Just wondering....Is "tax & spend" really worse than "don't tax & spend"?

Exactly! Bush made us live on plastic with his moronic war in Iraq. How's that for fiscal reponsibility?

Obama knows that taxes are unpopular and that's a risky subject. But how else do you fund education anf infrastructure?

I'm tired of that mumbo jumbo about how free markets will cure cancer and increase math skills of American kids (which are seriously lacking). Gosh even the bespoke flak jackets cost money. Where will those monies come from? Taxes. And that's all right.

reply to post by Constitutional Scholar


You are doing well after getting some lofty tax cuts over the last 8 years. How many jobs did you create? Are you trickling those dollars down to those that need it? That WAS THE PLAN, right?

I have no problem with SMALL BUSINESS and feel they need to be protected. I do have a HUGE PROBLEM with Podunk, USA voting AGAINST their economic interest by continually voting for the right to give their rich cronies MORE BREAKS.

Do they need em'? NO.
Are they creating jobs? NO.
Do I have sympathy? NO.

reply to post by buddhasystem


The government has no authority to "fund" education. It is a state matter, not a federal one.

reply to post by Grafilthy


I hardly pay any taxes as it is, as I used every legal means to avoid it.

Have I created jobs? Yes.

Why would middle America want to vote for someone who promises more unconstitutional "wealth redistribution"?

Why would middle America want to vote for someone who plans to RAISE the capital gains tax to near record levels?

reply to post by Constitutional Scholar

I hardly pay any taxes as it is, as I used every legal means to avoid it.

There you have it. Why the majority of us don't care about your financial plight. WE CAN NOT AFFORD TO HIRE THE ATTORNEY TO DODGE OUR TAXES LIKE YOU. Enjoy your last month with a friend in the White House......

Hopefully....all you guys that WANTED (I assume, usually correctly) the war,

NOW GET TO PAY FOR IT!

reply to post by Grafilthy


Uh, hate to break your little delusional heart,but I do not use a tax attorney.

I educated myself on the law. It isnt that hard, even someone like you might be able to do it.

I' will give you a free economics lesson: The more taxes businesses pay, the higher prices you will pay.

Originally posted by Constitutional Scholar
reply to post by Grafilthy

 

I hardly pay any taxes as it is, as I used every legal means to avoid it.

I honestly doubt there are legal means to avoid paying taxes considering you make six figures... Get real... You dodge taxes.

reply to post by Constitutional Scholar

Your condescension is lost on me. I read Rockefeller's book too.

I would love to hear why the policies you promote are not working NOW.... WHEN THEY ARE IN PLACE ALREADY?!?!?

As far as you giving me economic lessons??? I would rather drink Draino.

reply to post by buddhasystem


I pay zero personal income tax.

Try educating yourself on the tax system, then get back to me.

Loopholes? I love em.

Deductions? Hell yes.

Credits? I'll take every one I can get.

reply to post by Grafilthy


Raising the capital gains discourages investment.

Drop them to zero, more people will invest, and as a result, the economy will prosper.

As I said before, if taxes on businesses go up, so do your prices. Thinkn I am just going to eat the additional tax and not pass it on?


PLease, by all means, drink draino. Hell, I'll even buy you a bottle or 50.

It Kills me that the Republicans are Ok with taking people's hard working money to pay for a war in IRAQ that we shouldn't have gone into but to use money to help their own they put up a road block. Do you see how crazy that sounds?

You want to spend my tax dollars on a war in Iraq, building and fixing their economy when they have a surplus over 79 Billion dollars. Are you Kidding Me. Seriously. Some of you are screaming Socialist but have no idea what that means. The rich is getting richer on the Backs of the poor. It's how it is, the only way to help balance that out is to put them in a higher tax bracket so the wealth can be distributed not fairly but in a way where those at the bottom can get help.

Of course I know, America is the land of opportunity and anyone can make it, unfortunately not everyone makes it. There has to be poor in order for there to be rich, there has to be good in order for there to be bad, up-down..etc . If I'm making over $250,000 I don't have a problem being in a different tax Bracket.

Bottom line is, I'm disgusted that people complain about taxing the rich to help main street but ok with taxing hard working people to fix another country. Where are your priorities. Its funny cuz I believe a lot of those Republicans carrying signs about Obama being a socialist have no idea what it means and that it helps them out.

My 3 cents...

reply to post by Constitutional Scholar

As I said before, if taxes on businesses go up, so do your prices.

I thought you avoided paying them??
Why do you have a problem with avoiding paying a little more taxes???

reply to post by Grafilthy


I dont, but customers also shop at other places, and if their prices go up there, they will have less money to spend with me.


You definitely are not a business minded person are you?

Originally posted by Grafilthy
At some point it goes BEYOND capitalism and right in to gluttony and greed.

It's capitalism. Most people are good at it. Some fail. If you don't like capitalism then move to some place that has it - like France. Good luck with finding a doctor in August though ... (socialism = failure)

Originally posted by buddhasystem
Obama knows that taxes are unpopular and that's a risky subject. But how else do you fund education anf infrastructure?

Cut irrational spending.
The government that governs least, governs best.

Originally posted by walkinghomer
Some of you are screaming Socialist but have no idea what that means.

I know exactly what it is. When obama says "i'm going to spread the wealth around" like he did - that's just plain ol' marxist redistribution of wealth. And it FAILS.