Biden calls paying higher taxes a patriotic act
First, Obama told us that paying more taxes was just the neighborly thing to do. Now Biden is saying paying more taxes is the patriotic thing to do.
“We want to take money and put it back in the pocket of middle-class people,” Biden said in an interview on ABC’s “Good Morning America.”
Noting that wealthier Americans would indeed pay more, Biden said: “It’s time to be patriotic … time to jump in, time to be part of the deal, time to help get America out of the rut.”
This from the guy who donates less than one quarter of 1% of his adjusted gross income to charity. Wow.
it is not Obama and Biden’s money to take to give to middle-class people. When you take money out of someone else’s pocket and give it to other people, that is called theft. That is not compassionate. Being compassionate is taking money out of your own pocket to help people who need it. That is something that Joe bind is not very good at.
Joe Biden shows his lack of knowledge on basic economics. When he asserts that raising taxes will increase the economic output of the nation. History has shown the exact opposite is true. Even Obama has recently admitted that he will not raise taxes while the economy is in trouble.
Most of Obama so-called middle-class tax cut will really be refundable tax credits. That means that people who pay zero income tax right now will actually be getting welfare payments from the government paid by people who actually do pay income taxes.
I will say it again, McCain needs to publish a true middle class tax cut. The way to do that is to allow people to invest part of their Social Security taxes and their Medicare taxes. That is a bold plan that would really change the system. I don’t think he has the guts to do it.
