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Originally Posted by Boon Mee Socialism: A progressive political system that takes the power away from wealth creators and gives it to wealth distributors. |
Obama wants to redistribute the wealth. What a stupid socialist idea. Can only result in disaster.
After cutting taxes for people earning less than $250K he'll be giving "refunds" to people who pay no taxes at all to make sure they get their fair share of the redistribution.
Oh...My mistake!! Obama doesn't have to do it. Already put in place by that bladdy "socialist" Gerald Ford and further expanded under Reagan's "socialist" administration. It's called Earned Income Tax Credit.