95% gets a tax break?

I’m sorry but for the majority of America to believe that Senator Barack Obama has the answer to the Financial Crisis, by saying that he wants to give 95% of America a tax cut, and make the top 5% of wage earners pay their freight is not only preposterous but a flat out lie, and 100% socialist. The whole country can never be subsidized by only 5% of the population, while 44% pay nothing, if you believe that I have some property in the everglades………

I have to hand it to Obama; he hides nothing, evident by his recorded chat with “Joe the Plumber.” He explained that everyone should have the ability to succeed, so he would take money from “Joe” and give it to the poorer workers. I thought that the ability to succeed had to do more with education then social redistribution, but does it?

Let’s look at Joe the Plumber in a different light. He wanted to buy a company that does plumbing work. For argument sake let’s say Joe is single and starts his company as a “sole proprietorship”…..do you see where I’m headed yet? Let’s say he makes $250,000 in gross sales in the first year. Do you think that is a lot of money? Let’s pretend he only makes a 10% profit margin (which is close to the national average.) So Joe personally makes $25,000 for the year for his 16 to 18 hour a day business, probably less because it’s his first year. Joe gets to deduct his expenses of course but never at their full value. Senator Obama thinks that because Joe has a sole proprietor business he now falls into the upper 5% of wage earners, and will be taxed accordingly. Regardless of what Joe earns personally, he WILL be taxed on the gross income.

Now do you still think “Joe” is wealthy?

It seems funny to me how the democrats claim that George Bush’s policies to own banks is socialist, and yet “redistribution of wealth” isn’t. The banks will be allowed to buy back their stocks from the government eventually, but will we as American citizens be able to buy back our economic freedom under an Obama administration?
Even though 44% of the lower class of America pays no taxes, Obama’s program intends to give them money back in the form of an annual check. Obama says that the republicans don’t seem to understand that the lower tax class still pays other taxes, well no joke, don’t we all? So once again the lower wage earners will get a free ride in the Democratic system.

If everyone has the right to higher education, but some of those people chose to not accept that education for whatever reason, why should the driven, and the educated upper 5% of wage earners be not only required to share their wages from hard work, but allow politicians to say who should get it?

This way of thinking is labeled as “liberal,” and that is what the Democrats want you to believe. The fact of the matter is this is the classic socialistic manifesto. Under the truthful explanation of socialism, these ideas would never sell.

Let’s consider the uneducated or for lack of a better word, the uninformed. If you promise that you will take money from the rich, and then redistribute that money to the undeserving, it not only “buys the vote,” but also assures the Democratic position of supporting the poor from cradle to grave.

Even though Senator Obama claims that the present administration has saddled us unduly in debt, he has campaigned on the idea of adding 1 trillion dollars worth of new programs, how exactly does that help our country? Let’s not even talk about his plan to give $854 billion to the United Nations to distribute to the poor countries abroad. Have we fixed social security? Have we fixed our health care issues? Has our financial crisis been fixed? Have we paid down our debt yet? Yet Senator Obama wants to “give away” OUR money, never to return to our country?

If you think the government is best suited to decide healthcare, social security, the financial crisis, think of this scenario. In 1990 the government took over the Mustang Ranch (a bordello in Nevada) for failure to report IRS earnings. The government took over that business and failed can you imagine? They failed at prostitution and selling liquor! They failed at funding social security, they failed at public housing, they have failed us on energy, and they have failed us at virtually every turn involving money.

Is this the proof of how Obama is better suited to fix our financial crisis? I’m lost here, where exactly IS the logic of believing this garbage? Has Obama shown through his past experience of requesting earmarks to the tune of $1million dollars a day since he’s been a U.S. Senator. He promises to start new programs to drive us into 1 trillion dollars in new debt, and this is called fiscal responsibility?

Don’t believe me, GO AND CHECK IT OUT ONLINE!

http://www.ntu.org/misc_items/rating/VS_2007.pdf