In case you guys haven’t seen it, here is the entire exchange between Joe the Plumber and Barack Obama. Watch the whole thing and listen carefully as Obama explains to Joe why he had to work too hard to get where he is, but because of where he is Obama has to make sure that the businesses coming behind him (his competition, for instance) shouldn’t have to work so hard:
Then Obama adeptly (God he’s good) leaves the audience with the impression that “Hey, he might even pay LESS in taxes because he’ll get that Capital Gains tax break.” What a bunch of poppycock. It’s a plumbing company. The odds of his having any real capital gains (other than possibly real estate) is almost NILL until he sells the company. Obama knew better than to think he’d convince Joe with this shell game (“Think back ten years ago”–HA), but he did manage to convince the sycophants in the audience.
And again, I’ll say, neither Obama nor McCain has any real economic acumen, but it’s obvious from this little exchange that Obama feels that the Government should be the arbiter of how much money is too much money, and how successful is too successful, and how much hard work is just too much hard work. Punish ability and reward need. It’s Marxism at its best, and as Mr. Marx himself said, it all starts with a heavily progressive income tax.
To further illustrate the point, listen to Joe Biden tell us that he doesn’t have any Joe the Plumbers in his neighborhood:
The only people that are important to Joe the Biden is Joe the cop, Joe the teacher, Joe the whatever. Joe the Plumber is not important, because Joe the Plumber can create his own job. Joe the Plumber should be taken for all that he is worth (I can hear it now, “it’s only a few thousand dollars–he can afford it!”), so Joe the whatever else can feel that much more grateful to Uncle Sam for his well being.