Obama Bombshell Redistribution of Wealth

cnredd · #1 (**permalink**) 10-27-2008, 12:33 AM

Joe the Plumber wasn't the first to hear Obama's wealth distribution plan...

He said the same thing (and much more) in 2001...(shhhh!)

YouTube - Obama Bombshell Redistribution of...

Quote:

If you look at the victories and failures of the civil rights movement and its litigation strategy in the court. I think where it succeeded was to invest formal rights in previously dispossessed people, so that now I would have the right to vote. I would now be able to sit at the lunch counter and order as long as I could pay for it I’d be o.k. But, the Supreme Court never ventured into the issues of redistribution of wealth, and of more basic issues such as political and economic justice in society. To that extent, as radical as I think people try to characterize the Warren Court, it wasn’t that radical. It didn’t break free from the essential constraints that were placed by the founding fathers in the Constitution, at least as its been interpreted and Warren Court interpreted in the same way, that generally the Constitution is a charter of negative liberties. Says what the states can’t do to you. Says what the Federal government can’t do to you, but doesn’t say what the Federal government or State government must do on your behalf, and that hasn’t shifted and one of the, I think, tragedies of the civil rights movement was, um, because the civil rights movement became so court focused I think there was a tendancy to lose track of the political and community organizing and activities on the ground that are able to put together the actual coalition of powers through which you bring about redistributive change. In some ways we still suffer from that.

Socialism to a tee...

saltwn · #2 (**permalink**) 10-27-2008, 12:36 AM

I'm ready for them to quit redistributing MY money to the wealthy, and receive some of that Robin Hood loot myself.

Adept1 · #3 (**permalink**) 10-27-2008, 01:47 AM

The ONLY time a tax cut is "redistributing wealth" is when people that are paying ZERO are given money from those that are NOT paying zero.

By the way I finally figured out how Obama is gonna give 95% of taxpayers a reduction. If you can't/don't earn any money then you will pay less taxes.

Check out the "Fair Tax". It's time has come.
Remove ALL politics from taxation and the politicians won't have so much "power"

The best part about the fair tax is that once a month (or whatever time period is settled on) ALL taxpayers will receive a check for the amount of the "standard deduction"(that is the amount of "taxes" they will be paying on life's necessities)

Mikeyy · #4 (**permalink**) 10-27-2008, 02:09 AM

Quote:

Originally Posted by Adept1

The ONLY time a tax cut is "redistributing wealth" is when people that are paying ZERO are given money from those that are NOT paying zero.

By the way I finally figured out how Obama is gonna give 95% of taxpayers a reduction. If you can't/don't earn any money then you will pay less taxes.

Check out the "Fair Tax". It's time has come.
Remove ALL politics from taxation and the politicians won't have so much "power"

The best part about the fair tax is that once a month (or whatever time period is settled on) ALL taxpayers will receive a check for the amount of the "standard deduction"(that is the amount of "taxes" they will be paying on life's necessities)

McCain wants to distribute borrowed money. You like that don't ya?

faithful_servant · #5 (**permalink**) 10-27-2008, 02:39 PM

Quote:

Originally Posted by Mikeyy

McCain wants to distribute borrowed money. You like that don't ya?

As does Sen. Obama, only at MUCH higher amounts. His plan will raise taxes across the board as he allows the 2000 tax cuts to expire. Our economy will nose dive and Obama and his press corps will blame everyone and everything except the tax increases for the problem.

saltwn · #6 (**permalink**) 10-27-2008, 05:07 PM

Quote:

Originally Posted by faithful_servant

As does Sen. Obama, only at MUCH higher amounts. His plan will raise taxes across the board as he allows the 2000 tax cuts to expire. Our economy will nose dive and Obama and his press corps will blame everyone and everything except the tax increases for the problem.

Knock, knock, faithfulservant! Our economy HAS already nosedived.

cnredd · #7 (**permalink**) 10-27-2008, 05:27 PM

Quote:

Originally Posted by saltwn

Knock, knock, faithfulservant! Our economy HAS already nosedived.

But capitalism didn't nosedived...It was the regulations WITHIN it that caused the problem...

Obama's plan is curing dandruff by decapitation...Instead of fixing system that's worked thoughout the existance of this country, Obama wants to scrap it for a system that has NEVER worked...

In 1893, baseball realized that offense suffered because the pitcher's mound was too close the batter and decided to move the mound back...

If Obama was in charge, his solution would've been to dissolve the teams, blow up the stadiums, then take the owners' money and throw it from the top of city hall...

foundit66 · #8 (**permalink**) 10-27-2008, 05:31 PM

Quote:

Originally Posted by faithful_servant

As does Sen. Obama, only at MUCH higher amounts. His plan will raise taxes across the board as he allows the 2000 tax cuts to expire.

This b.s. has already been exposed.
The only "expiration" that Obama is considering is on the top crust.
He has already stated "no" to expiring the tax cuts for most people.

Quote:

Originally Posted by faithful_servant

Our economy will nose dive and Obama and his press corps will blame everyone and everything except the tax increases for the problem.

Yeah.
Cause if that happened with a Republican president, OF COURSE people would accurately assess the blame belongs to Bush...

saltwn · #9 (**permalink**) 10-27-2008, 06:55 PM

Quote:

Originally Posted by cnredd

But capitalism didn't nosedived...It was the regulations WITHIN it that caused the problem...

Obama's plan is curing dandruff by decapitation...Instead of fixing system that's worked thoughout the existance of this country, Obama wants to scrap it for a system that has NEVER worked...

In 1893, baseball realized that offense suffered because the pitcher's mound was too close the batter and decided to move the mound back...

If Obama was in charge, his solution would've been to dissolve the teams, blow up the stadiums, then take the owners' money and throw it from the top of city hall...

It occured to me you have probably never read the "Blueprint for Change".
So here is a snipet related to what we are discussing

Quote:

Provide a Tax Cut for Working Families: Obama and Biden will restore fairness to the tax code and provide 150 million workers — 95 percent of workers — the tax relief they need. Obama and Biden will create a new “Making Work Pay” tax cut of up to $500 per worker, or $1,000 per working family. The “Making Work Pay” tax cut will completely eliminate income taxes for 10 million Americans.
Create the American Opportunity Tax Credit: Barack Obama and Joe Biden will make college affordable for all Americans by creating a new American Opportunity Tax Credit. This fully refundable credit will provide $4,000 a year for college education. It will cover two-thirds the cost of tuition at the average public college or university. Obama and Biden will also ensure that the tax credit is available to families at the time of enrollment by using prior year’s tax data to deliver the credit at the time that tuition is due, rather than a year or more later when tax returns are filed. Recipients of this credit will be required to conduct 100 hours of public service a year, either during the school year or over the summer months.
Expand the Child and Dependent Care Tax Credit: The Child and Dependent Care Tax Credit provides too little relief to families that struggle to afford child care expenses. Currently the credit only covers up to 35 percent of the first $3,000 of child care expenses a family incurs for one child and the first $6,000 for a family with two or more children. And the credit is not refundable, which means that upper-income families disproportionately benefit while families who make under $50,000 a year receive less than a third of the tax credit. Barack Obama and Joe Biden will reform the Child and Dependent Care Tax Credit by making it refundable
and allowing low-income families to receive up to a 50 percent credit for their child care expenses. Coupled with Obama’s “Making Work Pay” tax cut, this proposal will help put more money directly in the pockets of hardworking low and middle-income parents.Simplify Tax Filings for Middle Class Americans: Obama and Biden will dramatically simplify tax filings so that millions of Americans will be able to do their taxes in less than five minutes. Obama and Biden will ensure that the IRS uses the information it already gets from banks and employers to give taxpayers the option of pre-filled tax forms to verify, sign and return. Experts estimate that the Obama proposal will save Americans up to 200 million total hours of work and aggravation and up to $2 billion in tax preparer fees.
Eliminate Income Taxes for Seniors Making Less than $50,000: Barack Obama and Joe Biden will eliminate
all income taxation of seniors making less than $50,000 per year. This proposal will eliminate income taxes for 7 million seniors and provide these seniors with an average savings of $1,400 each year. Under the Obama-Biden plan, 27 million American seniors will also not need to file an income tax return. For many seniors, this will eliminate the need to hire a tax preparer, resulting in even larger savings.
ECONOMY

you can read more about the economic plan and other parts of their plan HERE

cnredd · #10 (**permalink**) 10-27-2008, 07:08 PM

Quote:

Originally Posted by saltwn

It occured to me you have probably never read the "Blueprint for Change".
So here is a snipet related to what we are discussing
you can read more about the economic plan and other parts of their plan HERE

I don't need to listen to what candidates SAY...I've seen it enough...

I look at the actions of their past and see if there's a connection between their current words...

With Obama, there is NONE...His life has been dedicated to taking and taking and taking from groups he declared evil and giving it to others to control...

His life has been all about class warfare...Bill Ayers...Rev. Wright...father Pfleger...Pointing fingers at others and then crying victim for their actions...

This leopard's spots don't change nomatter how sanitized his writers script his next motivational speech...Joe the Plumber found out what happens when Obama doesn't have a teleprompter near him or a website to spend hours framing...He slips in the truth accidentally...

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