Socialist Obama Redistribution of Wealth
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Socialist Obama Redistribution of Wealth
| Tue, 10-28-2008 - 12:18am |
http://www.youtube.com/watch?v=iivL4c_3pck
At least Obama is telling us exactly what his philosophy of government actually.

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First of all, in case you hadn't noticed, China is a communist country, not a capitalist one...
Second, you'd note, if you bothered to read my posts, that what I have consistently railed against are transfer payments, not the existence of government itself.
>>However, those "rich" employers earning over $250,000 every year are not struggling financially.<<
Really? How many do you know? Can you give examples of this? Who told you that? Do you have any idea of the costs to run a business? How long you have to borrow or float to make payroll before being paid by your customer?
But they also don't get social security benefits on any salary in excess of $90,000...
So, it is a plain and simple tax hike, on top of the income tax hike.
How do you propose to fix Social Security?
How come you've never responded to the fact that for as long as the income tax has been around, the taxes of lower earners have gone to government services they will never use - but rather the higher earners only will use?
First of all, in case you hadn't noticed, China is a communist country, not a capitalist one...
Communism is a political system
Capitalism is an economic system.
China essentially totalitarian government and its economic system is tending toward capitalism.
I have a great article about China:
"Since 1978, when its market reforms began, China has clocked an average annual growth rate of 8.9 percent--the longest and most sustained growth of any country in modern history and one that has propelled it ahead of Britain to become, this year, the fourth-largest economy in the world.
Stop-insert comment:
I guess you don't understand. Perhaps you really have to have run a business to "get it". Do you know what an S corporation is, how many small businesses claim "S" corp status and how they're taxed on their "profits"? Do you know what "retained earnings" are? Do you know how taxes are paid on them?
Because if not, then it would be impossible to debate the topic with you.
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