Obama: My Plan Will 'Spread The Wealth Around'

[wmbwinn]

Originally Posted by Mavdog

guess that you don't understand that the obama plan is also a tax cut....just for the vast majority of people who work day in and day out to "drive the economy".

the affect of the bush tax policy is seen in the widening gap between the economic classes. never before has so much of our country's wealth been concentrated in so few.

that is unhealthy for our country, and our economy long term.

the tax cuts that obama and mccain propose are similar in scope and style except that obama increases taxes at the top and mccain offers tax cuts at that level also.

mccain is likely to support tax breaks for corporations (without carrots such as tax credits for creating new jobs) whereas obama is unlikely.

obama gives credits (means that he just takes tax money and distributes it as welfare through the IRS) to those who pay no taxes.

but, for the average person who does work, the two tax codes are pretty darn similar.