On Sept. 8, Fox News broadcast an interview between Obama and Bill O'Reilly that focused on taxation and the economy. Obama repeated his pledge to cut taxes for 95 percent of Americans, while raising taxes on the tiny fraction who earn more than $250,000.To Obama coercion is "neighborliness".For Obama's glowing endorsement of socialist Bernie Sanders.
"That's class warfare," O'Reilly objected. "You're taking the wealthy in America, the big earners . . . you're taking money away from them and you're giving it to people who don't. That's called income redistribution. It's a socialist tenet. Come on, you know that."
"Bill, Bill, Bill, Bill," Obama replied. "Teddy Roosevelt supported a progressive income tax." He acknowledged that he doesn't enjoy paying taxes either - "you think I like writing the check?" - but that "there are certain things we've got to do." His tax proposal, he explained, was a matter of civility:
"If I am sitting pretty and you've got a waitress who is making minimum wage plus tips, and I can afford it and she can't, what's the big deal for me to say, I'm going to pay a little bit more? That's neighborliness."
Sunday, September 14, 2008
Seeing through Obamanomics
The Boston Globe reports: