So .. for those who don't pay taxes, here are some of the "tax cut" checks you’ll be getting from The Chosen One. I'm taking some literary license here and replacing the words "tax credit" with the word "payment." That literary flourish brings us much closer to the truth. Here are your goodies; come and get ‘em:
- A $500 "make work pay" payment.
- A $4,000 payment for college tuition.
- A payment equal to 10% of your mortgage interest
- A payment equal to 50% of the amount of money you put into a savings account up to $1000.
- A payment equal to 50% of the amount of money you pay for child care up to $6000.
- A payment of up to $7,000 if you purchase a "clean car." By that Obama means an environmentally correct car.
- Plus ... an expansion of the earned income tax credit .. increased payments on top of your earnings if the government doesn't feel you are earning enough.
There you go ... Obama's "tax cuts." Sounds pretty good, doesn't it. Well, I guess it is, if you're not too successful it IS pretty good. Remember, the harder you work the lower these payments get. Barack Obama's tax plans are all about punishing success and rewarding failure. He understands that if it weren't for failures, Democrats would be scrounging in the alleys for votes.
It's rather ironic that the Obama campaign will go to the mat with critics over the definition of "socialist," but feel absolutely free to change the definition of "tax cut" to anything that suits them.
"95% of small businesses won't pay any more taxes."
Once people started hearing that the very people that Obama wanted to raise taxes on are the people we depend on for jobs, The BO campaign had to come up with a line to neuter the "small business" argument. Barack Obama knows he's in trouble if the voters find out that 70% of all extant jobs are in the small business sector and that 80% of all new jobs are coming from small businesses. So, Obama comes up with this line about 95% of small businesses not paying any more taxes under his plan.
Here's the trick. Let me illustrate reality with a simple comparison. Let's say that we have 1000 small businesses. About 950 of them, that would be 95%, employ one or two people each for a total employment figure of 1,200. Now let's assume that the other 50 businesses employ anywhere from 20 people to hundreds of people for a total of about 250,000 workers. If someone comes along and says 95% of small businesses won't be affected by his tax increases, how do you feel? You know that the tax increase is going to slam those businesses that employ 250,000 workers, while leaving the 95% of businesses that employ just 1,200 people alone. Quite a deal, huh. Aren't you impressed?
The point here is that it's not the percentage of small businesses your tax increases hit, it's the percentage of small business employees. Unfortunately that nuance is lost on the majority of voters educated by the government, and the MoveOn Media sure isn’t going to take the time to explain it to you.
"John McCain voted with George Bush 90% of the time."
First of all, George Bush doesn't cast votes in the U.S. Senate, though McCain and Obama do. The best way to judge how they vote is to see how often they vote with their respective parties. You might want to get those nuisance resolutions proclaiming the need for a colonoscopy every once in a while out of the way. That would leave some key votes for you to consider. The Congressional Research Service did the work. They looked at votes for Obama and McCain on KEY issues. The results? Barack Obama voted with Democrats 97% of the time. John McCain voted with the Republicans 79% of the time. Now .. just sit on your hands and wait for the MoveOn Media to report that one. Sit on your hands, but for God's sake don't hold your breath.
"John McCain wants to tax your health insurance benefits."
He's right, but here's the rest of the story. Let's say that you and your brother work for different companies. Your company provides you with health insurance. Your brother has to buy his own. Your boss gets a tax deduction for the cost of your health insurance. Your brother does not get a tax deduction for the cost of his health insurance. In effect, he is paying much more than you are for the same policy. Not fair. There's a reason for this. For decades government has wanted to coerce you into getting insurance through your employer. This gets you acclimated to the idea of someone else -- someone besides yourself -- is responsible for your health care. The end result is that the government, in effect, subsidizes the cost of your health insurance, but not your brother's. Now McCain has this idea of a $5,000 tax credit for every family to pay for their own health insurance policy. To make this work everyone has to start from the same starting line. Remember, you're subsidized, your brother is not. So McCain takes away the tax deduction your employer gets for your health insurance. There ... now we're all of equal standing when the $5,000 tax credits start coming out.
Now that wasn't too hard, was it?
Now .. just in case you've read something here, heard something on my show or gathered some information from some other source that might cause you to switch your vote from Obama to McCain ... just remember. You're a racist. There is only one reason NOT to vote for Barack Obama, and that's if you're a robe-wearing, cross-burning Klansman. Just so you know. You’re going to have that on your conscience.