Spreading the Wealth and Killing the Goose
politics, taxes, nanny state, left wing, ideology, liberalism, government, scandal
October 31, 2008, by Gregory V. Helvering
John McCain put his finger on an important point: we currently have an extraordinarily progressive income tax, which requires the wealthy (and the relatively wealthy) to bear virtually the entire burden of the income tax. Obama wants to spread the wealth not because the wealthy do not currently bear their fair share of supporting the government. He wants to spread the wealth because he views the wealth itself as unfair.