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Tuesday, October 14, 2008

"Spread the wealth around..."

That was what Obama said to a plumber when the plumber asked if he was going to be taxed if he bought a business that made over $250K.



Basically, Obama is arguing that this plumber should pay people to be his customers, essentially paying them so he can work for them. This is Obama's thinking on economics - that it's good for the plumber if he has more customers, even if those customers are paying for the plumbing work with money given them byt the plumber himself. Any way you slice it, that's how this argument breaks down.

See, Obama wants to spread socialism around, and here it is in his own words. Not only that, but there is then little impetus for anyone to make higher than $250K per year in their business. It's like a ceiling; you want to make less than that amount, unless you can make so much more that it then offsets the taxes. Remember, if the tax gets triggered at $250K, then all of the money is taxed, not just the portion above $250,000. So small businesses in this gray area will just stop earning at, say, $249K, and then lay off everyone until the next years starts up.

That's what I'd do - why work just to "share my wealth" with some lazy bastard?!

This is how Obama wants to jump-start a sluggish economy, by limiting how much people can make.

Really, it's how Obama wants to corral his power - through socialism like this, he controls the money, where it goes, how it's spent, and therefore controls everything.

This man is dangerous.

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