Taxes

This is something of a follow-up to the previous post about Sarah Palin. This is what I mean when I say it pisses me off that Republicans play the populist card. Sarah Palin says in her speech that Obama wants to raise taxes--your taxes, which presumably means the taxes of the average American. McCain made a similar claim during the Saddleback meeting, in the same answer that included his famous "I dunno. Five million dollars?" quip. Obama wants to raise taxes, the Republicans want to lower them.

Now read this comparison of each of their tax plans from the Washington Post. As far as I can see, the only taxes Obama is raising is for the upper 1.1% income bracket. The rest of us actually get a tax break. For the bottom sixty percent, where I fall and so does practically every person I've ever known, it averages out to about a 3.8% decrease. Now, McCain is lowering taxes for everybody--that's true--but the upper 1.1% gets an average 3.9% decrease, while the lower sixty will enjoy less than half a percent decrease in our taxes.

To me, this is a no-brainer. I've said this before. You tax the rich more heavily than the poor because they have more to give. When you're doling out tax breaks, you give it to people who are struggling before you give it to people have more than they need. You help people who can't get their kids through college before you help people who have enough money to send their kids to private preschools.

PS

I just read my friend Bonnie's blog, and I think she's pretty spot-on about who Sarah Palin reminds me of:











Yep. Spot on. Beyond just the looks, the comparison's are pretty impressive. I mean, except for the tax plans.