Threads from Henry's Web

Tag: tax

  • Obama and the Socialism Charge

    I’m interested in how one can take a rather ordinary set of proposals and make them incendiary just by providing a label. And sorry, my conservative friends, I don’t buy into the “but he really is a socialist” line. The basis of the socialism charge is specific–Obama’s tax plans–and a response to that particular point is what is needed.

    This charge has been one of the many reasons my respect for McCain has deteriorated over the course of this campaign. The fact is that both campaigns are supported tax proposals that redistribute. We’ve had them for decades, and very, very few people would support completely getting rid of any redistributive element in the tax plan.

    Flat taxers? Actually not such a totally bad idea, though I think if people looked at their proposed tax bill under flat tax, they might be less excited about it. But you know that exemption of a certain amount of income under a flat tax plan? That’s redistribution.

    Alexander Lane of Politifact covers the major points in an article on CQPolitics, Sorting Out the Truth on McCain’s “Socialism” Allegations. McCain, Palin, and the Republican base are just plain abusing the word “socialist.”

    PS: Yes, I know this source is biased–it’s biased against the Republican bias.