Obama's Tax Plan: Wealth Redistribution , Welfare. or continuation of Republican Policy

Obama's Tax Plan Is:

1. Wealth redistribution: You betcha Seymour, just like the failure to keep the minimum wage value current over the past 40 years was wealth re-distribution. It was good for the Corporations then, now it will be good for their workers.
(Calculated in real 2007 dollars it was $5.85 , the 1968 minimum wage was the highest at $9.47. Today in 2008 it is $6.55 ) In 1968 the lowest paid worker was making 48% more than they do today. Who did that? Government! Government redistributed wealth from the wage earner to the employer.
source:http://oregonstate.edu/instruct/anth484/minwage.html


2. Welfare: Absolutely, a single mother under age 24 with one child and making $30,000 a year will receive an extra $500 rebate from Uncle Sam and she won't be paying income taxes. (She will be paying payroll taxes and sales taxes however and in Oklahoma that would be about 15% of her income) Again, let the tax payer try to level the needs of the single mother not her employer.
Source: the two sites below

3. A continuation of current Republican Tax Policy: Damn straight it is. The policy and laws that already give back money to those who do not actually make enough to pay Federal Income Tax were often originated and could not have been passed without Republican collusion (leadership).
This is a prime example of the Republicans privatizing the profits and socializing the cost. If the workers don't make enough because they aren't paid enough, don't have the employer raise their wages. rather give them a tax refund/rebate paid for for by the other tax payers.
Source: The Tax Foundation

So read about this in a different way at: http://www.taxfoundation.org/blog/show/23512.html

What to know what you tax reduction/increase will be under Obama's Plan:
http://taxcut.barackobama.com/

All the time I have been typing this I have been humming a song by Leonard Cohen; Everybody Knows.

Everybody knows that the dice are loaded
Everybody rolls with their fingers crossed
Everybody knows that the war is over
Everybody knows the good guys lost
Everybody knows the fight was fixed
The poor stay poor,
the rich get rich
That's how it goes
Everybody knows

Everybody knows that the boat is leaking
Everybody knows that the captain lied
Everybody got this broken feeling
Like their father
or their dog just died
That's how it goes
Everybody knows