Obama Will Help Working Families - By Taking More Of Their Money?

There’s a good article on the Wall Street Journal website that talks about Obama’s tax plan.

Some families with an income of $40,000 could lose up to 40 cents in vanishing credits for every additional dollar earned from working overtime or taking a new job. As public policy, this is contradictory. The tax credits are sold in the name of “making work pay,” but in practice they can be a disincentive to working harder, especially if you’re a lower-income couple getting raises of $1,000 or $2,000 a year. One mystery — among many — of the McCain campaign is why it has allowed Mr. Obama’s 95% illusion to go unanswered.

The article shows how the Obama campaign has cleverly packaged a socialist economic plan to make it look like a tax cut. His tax plan will cost my family money. And we’re by no means rich. Take five minutes and read this article.

Andrew Riley is an idealist, a dreamer, and occasionally a real son-of-a-bitch. He spends his days webmastering this blog, writing for this blog, and more importantly filling his four year old son's head with silly nonsense. He is an Army veteran, a conservative Libertarian, and gets bored with most people pretty quickly. 4 out of 5 dentists agree that he is way cooler than you.
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