Saturday, October 18, 2008

Obama "shares the wealth"


Are Obama's ideas of "Sharing the Wealth" ... socialist?

Let's look at this a bit.

Socialism is defined "social and economic doctrine that calls for public rather than private ownership or control of property and natural resources. According to the socialist view, individuals do not live or work in isolation but live in cooperation with one another. Furthermore, everything that people produce is in some sense a social product, and everyone who contributes to the production of a good is entitled to a share in it. Society as a whole, therefore, should own or at least control property for the benefit of all its members."

So are McCains statements entirely true? I think it's middle ground, as much as anything else is in this campaign. That is what pisses me off so much, everything is so middle and there is no clear definition on either side as to where each stands. Too much is left up to compromising (or flip flop)

I am not for over taxing the poor, and I am not for over taxing the rich. I don't think that $250,000 is rich either. Not when you are taxed higher, have to provide insurance for every employee, taxed on self employment, taxed on goods still in stock, then taxed on the things you buy, places you live...ect. tax tax tax.

why can't everyone be taxed equally? would we generate the same income?
Maybe that is a niave thought...or ignorant. I will leave that up to you to correct me.

lets have a discussion this time folks... I know you are here b/c my 12,000 hits on my hidden tracker say so.


e.Craig Crawford said...

From Wikipedia:

Socialists mainly share the belief that capitalism by nature concentrates power and wealth among a small segment of society that controls capital, and creates an unequal society. All socialists advocate the creation of an egalitarian society, in which wealth and power are distributed more evenly, although there is considerable disagreement among socialists over how, and to what extent this could be achieved.
Obama's socialist agenda calls for over a trillion dollars worth of entitlement programs. I have yet to hear where that money will come from.

I recall my father's remark many years ago that when the government gives you something they also take something away from you.

Woozie said...

Plans proposed by both John McCain and Barack Obama will balloon the debt and deficit by significant margins. In short, neither can pay for their plans. Where the Bush administration fucked up was that they campaigned as ideologues and governed as ideologues, rather than governing as pragmatists.

For example, Reagan raised taxes and sat down with the Evil Empire on several occasions. If he would have admitted that in 1979 Jimmy Carter would have been a two term President.

Ben said...

e.craig crawford must not know how to read, because Obama has clearly laid out how he'll pay for everything.

That said, with the economic trainwreck we find ourselves in, he's going to have to make some sacrifices. I'm still interested in finding out what those sacrifices will be.

Both candidates will increase the national debt, something I'm vehemently opposed to.


Flat taxes are stupid. MAYBE it could be considered if the rich didn't hire people to work the loopholes for them.


The people who make millions every year argue that they worked for their money, and they should be entitled to keep it. I actually agree with that to an extent. But the question is what was the value of their work?

If someone makes 10 million, I really have no problem with them owing 4 million in taxes. I don't care if they worked 7 days a week, 20 hours a day, 365 days last year. 6 Million dollars is more than fair compensation for whatever work they did, and they should be grateful for the opportunity to live and work in a country where that is possible. If they're not, they are greedy.

The question is, where is the line?

Just Dave said...

A flat tax is not truly equitable. 10% of 10 million for a major earner won't really inflict a great deal of pain. However, if you are making $20 grand a year, $2,000 is a lot of money. That the tax system needs to be reformed is a certainty.

Every presidential candidate from George Washington forward has made campaign promises that will not be fulfilled. Remember, on his own, the prez can only do so much. He or she has to get Congress to back him up