comment 1

All Your Wealth Are Belong To Us…

So, like a good American, I’m watching the Debate last night.

And this statement stopped me dead in my tracks.

OBAMA: If I can answer the question. Number one, I want to cut taxes for 95 percent of Americans. Now, it is true that my friend and supporter, Warren Buffett, for example, could afford to pay a little more in taxes in order…

MCCAIN: We’re talking about Joe the plumber.

OBAMA: … in order to give — in order to give additional tax cuts to Joe the plumber before he was at the point where he could make $250,000.

Then Exxon Mobil, which made $12 billion, record profits, over the last several quarters, they can afford to pay a little more so that ordinary families who are hurting out there — they’re trying to figure out how they’re going to afford food, how they’re going to save for their kids’ college education, they need a break.

So, look, nobody likes taxes. I would prefer that none of us had to pay taxes, including myself. But ultimately, we’ve got to pay for the core investments that make this economy strong and somebody’s got to do it.

MCCAIN: Nobody likes taxes. Let’s not raise anybody’s taxes. OK?

OBAMA: Well, I don’t mind paying a little more.

One Word.
SOCIALISM.

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About the Author

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I'm a semi-retired mom living smack dab in the middle. Mom to @lasertron and @MattEHunt and new gramma to @aliceelfie. I attended #STS134 #NASAtweetup. I love to cook, hoard magazines and go places with my husband in his Cirrus122.

1 Comment so far

  1. kiri02

    Wrong word. Socialism is based on the philosophy of public rather than private ownership of property. I didn’t hear Obama calling for public ownership of anything. But it would be entirely appropriate to call George Bush’s bailout plan socialism.

    Speaking of which, the bailout plan has to be paid for somehow. Do you really think that John McCain wouldn’t be forced to raise taxes to do so? Really? Given the debt this country just incurred, of course everyone’s taxes will be raised regardless of who is elected. Count on it.

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