September 18, 2008: Joe Biden stated today that the wealthy (if a businessman, business, or individual who makes over $250K can be considered wealthy) should "contribute" more of his or her or the corporation's income to the governmnet as a patriotic gesture. Sounds like some mob guy taking to businesses about "contributing" protection money to the mob.
Paying taxes is not being patriotic - it's something that, if not done, can lead to serious consequences (sort of like the protection racket). And taking money from the rich and giving it to the poor sounds like we're living in Sherwood Forest. But even more than that, what we hear is confirmation of the socialist economic program Obama and cohorts have in mind for this country.
Biden's rant about being patriotic is an example of what these liberal fascist national socialists will do once in office. And that is to force redistribution of wealth, reduce economic and political liberties - all in the name of power.
An Obama administration, it certainly appears, would want to provide the poor and middle classes with what it would have if they were fortunate enough to be succesful on their own. The problem with that program, for our citizenry, is that, once you take from the government, the government will end up owning you. It is very easy for many folks to become dependent upon a nanny state government, to believe that what they are receiving is an entitlement which they deserve, but have not earned (an earned entitlement is, for example, social security, since the recipient has involuntarily paid into to the fund, and those payments are returned in the form of an ongoing annuity).
So I can just see Senator Biden, and the rest of his buddies in Congress, and Obama, lining up to happily contribute more of their income to the government, pay more capital gains taxes (about 50% as per Obama's desire), all as their "patriotic duty". Of course, they will probably attempt to have written into the new tax laws enough exemptions so that they won't have to pay one wooden nickel!
And the middle class? They will be paying more for products they need - like food, fuel, health care, and so forth. Investment incentives will disappear, as will funding for research, military needs, and the rest of the required essentials the country requires. So even though Obama states that 95% of the population will receive tax cuts, those dollars plus more will quickly leave the middle class's pockets, because that group of Americans will find themselves making less money, with the ensuing need to rely upon their federal government to take care of them.
Robin Hood economics - the path to socialist slavery, and the end of American world leadership.
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