Wednesday, April 16, 2008

Obama: Some People Make Too Much Money

I didn't watch the Democratic debate tonight, but among the stories which have caught my eye was this post at The Corner by Jonah Goldberg:

"... the beginning of Obama's capital gains tax question was amazing stuff. He conceded the premise that revenues go up when you cut capital gains taxes. But he said it would be worthwhile to raise them nonetheless as an issue of "fairness" because some people are making too much money. In other words, even if the government loses money to pay for all of the wonderful things Obama wants to do, it'd be worth it because sticking it to rich people is a good in and of itself."

That truly is amazing: taking money from the wealthy as a worthy end in and of itself, even if doing so shrinks revenues.

It never ceases to amaze me that so many people are willing to vote for someone with such an anti-American platform, but I guess class warfare still sells.

Update: Obama Bombs Debate?

Thursday Update: More on this subject, including video, at Hot Air. Obama revealed himself to be an economically clueless Marxist.

1 comment:

Dana said...

Obviously Obama never learned the lesson we were all taught from the cradle - life isn't fair.

Honestly.