Socialism In America

When Barack Obama says, "I think that when you spread the wealth around, it's good for everyone," Joe Biden comes out and says that Obama doesn't want to redistribute wealth. And furthermore, a reporter in Orlando asked him a question about that, and has been vilified by the Democrats and the rest of the media for daring to ask a relevant question, instead of sucking up to the Democrat nominee like everyone else does.

Obama has promised that he would give a tax cut to 95% of Americans, even though some 40% of Americans pay no taxes, so, how is this possible? It is because what Obama is calling a tax cut is actually what is known as a refundable tax credit, which means that it can be given to people who pay no taxes at all. That is the difference between a tax cut and a tax credit, and Obama is not talking about a tax cut, which, by definition, can only be granted to people who actually pay taxes. When the Government sends tax credit checks to people who have not paid taxes, after taking that money from people who do pay taxes, is redistribution of wealth, plain and simple. Some people might be asking, why is that bad? OK, let's go there.

Obama has a fundamentally flawed idea of how the economy works. He says that we need to grow the economy from the bottom up, but that simply never works, it's just not how things go. This is saying that the economy grows because I go to a business and buy something from them and then they buy from their suppliers and so on, and the money flows up and everything is good, but that can only work if I have a job and someone is paying me, be it a large or small business. I can only have the money to spend if my company is making enough money to pay me. If the taxes on the company I work for are raised through the roof, they can no longer afford to pay me enough to buy the things that keep the economy running. It is a complex issue, but the fact is that if you punish the corporations, they will either downsize or leave. And I know that Obama has said that he won't allow corporations to move operations overseas, but the fact is that he doesn't have the kind of power to force Companies to not do that, and even if he did, he can't stop them from going out of business and re-establishing a new company in a Country with a friendlier business environment.

I would encourage everyone to go to www.fairtax.org and take a good hard look at the plan outlined there. It would allow everyone to keep all of the money that they earn, and pay taxes only when they spend the money on new items.

Beyond that, let's remember that it is wrong to steal money from those who earn it and give it to those who don't.

Also, I heard someone on the news saying that redistribution of wealth is a Biblical principle, so let me address that real quick. The Biblical principle is for people to live Charitably by their own choice, not for the Government to take money from people by force and give it to whom they choose. There is a vast gulf between the two ideas. Let's not get confused by the spin doctors.