Judy wrote: > Oh, goodie, another contribution to my compendium > of inaccurate statements about Joe the Plumber from > the educated spiritually aware folks on this forum. > > Joe never said he earned $250K; in fact, he said > what he earned wasn't even close. Turns out he made > $40K in 2006, according to his divorce papers. > > What he told Obama was that *if* he eventually > managed to buy the plumbing business he currently > works for, and *if* that business ends up making > over $250K *in profits*, so that his *personal* > taxable income rises above $250K, THEN under > Obama's tax plan, it looks as though he might pay > more tax than he would under McCain's. > > (I think that's a fine idea myself, BTW.) > So, you're in favor of a progressive income tax.
"I'm getting ready to buy a company that makes about 250, 270 - 80 thousand dollars a year, your new tax plan is going to tax me more isn't it? I'm getting taxed more and more for fulfilling the American dream." - Joe Give me one good reason why I, Joe, or anyone else should have to give up their hard-earned wages and give it to someone else who hasn't earned a dime. To raise taxes simply to give it to the someone else is wrong-headed and it's socilaism. I'm not in favor of redistributing wealth as an artificial means to improving the economy. Why would Richard Hughes, who probbably already pays a large part of his wages, have his taxes increased so that he can give it to someone else? Who would want to work hard and get ahead if the payroll tax is going up? Taqxation on earned income is a dumb idea and it's a really dumb Obama plan. Progressive taxes are argued to create work disincentive. "What was shocking and more relevant than anything else that has been said in the entire campaign is what Barack Obama said. He told Joe that it is okay to soak those making more than $250,000, even small businesses making that, because then you can "spread the wealth" around and everyone benefits. That is redistribution of wealth -- taking from the rich (and from the kinda rich) and giving to the not so rich and the poor." Read more: 'Joe the Plumber on Obama's Plan - Scary and Socialist' Posted by Lorie Byrd Wizbang, October 16, 2008 http://tinyurl.com/4g56mx
