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October 22, 2008

Running on empty, McCain resorts to class warfare

With the polls turning against him and increasing numbers of Americans expressing disapproval of his running mate Sarah Palin - 55% say she's unqualified - McCain is resorting to that classic conservative tactic of class warfare disguised as opposition to class warfare.

Despite the nation's income disparity, McCain sees Obama's exchange with "Joe the Plumber" as a means to appeal to anyone who resents paying taxes to subsidize less wealthy people. His running mate, Alaska Gov. Sarah Palin, criticized "Barack the wealth-spreader" in a campaign speech Tuesday in Reno, Nev. - Spreading the wealth? US already does it

What you don't (and won't) hear from McSame is any complaints about the wealthy not having to pay payroll taxes (funds Social Security Benefits and Medicare). Meanwhile those same wealthy individuals receive Social Security Benefits upon retirement age. So not only are the wealthy NOT paying the tax while they are still wage earners, when they retire and start collecting Social Security Benefits, wealth is transferred UP the foodchain by those at the bottom being stuck paying the bill.

You don't (and won't) hear from McSame - while he rants about how high our corporate taxes are - that, in fact, most corporations doing business here don't pay ANY federal taxes right now!

Why? Because apparently McCain doesn't have a problem with redistributing wealth as long as the already-wealthy are the ones benefitting from it. It's only when the poor or middle class might benefit that he seems to have a problem with it. And this against the backdrop of the disparity between rich and poor having been growing wider and wider for years now.

Back to the corporations who don't pay ANY taxes for a moment here. So, if 2/3 of corporations don't pay taxes and roughly 40% of those who have to file tax returns earn so little that they owe no taxes... guess who is getting stuck with the bill - the Middle Class!

Posted by Kevin at October 22, 2008 08:09 AM