Tag: Economy

How to cut taxes for those who don’t pay them

Short answer: Wealth redistribution.
Shorter answer: Welfare.
How Obama’s vote-buying 95% tax cut scheme works.
One of Barack Obama’s most potent campaign claims is that he’ll cut taxes for no less than 95% of “working families.”

First, the bait and switch:
There are several sleights of hand, but the most creative is to redefine the meaning of “tax cut.”
For the [...]

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Posted in Economy, Obama, politics on Oct 13th, 2008, 10:52 am by eric  1 comment