Thursday, January 22, 2009

Here comes socialism

Insight from Dick Morris on The Hill website.

One of the key transformative moves by Obama will be enlarging the percentage of the population who will pay "no personal income tax" to over half of the population.

Wonder how these folks will vote when it comes to increasing tax?

Read the whole thing, its not too long.

Key paragraph:
But it is not his spending that will transform our political system, it is his tax and welfare policies. In the name of short-term stimulus, he will give every American family (who makes less than $200,000) a welfare check of $1,000 euphemistically called a refundable tax credit. And he will so sharply cut taxes on the middle class and the poor that the number of Americans who pay no federal income tax will rise from the current one-third of all households to more than half. In the process, he will create a permanent electoral majority that does not pay taxes, but counts on ever-expanding welfare checks from the government. The dependency on the dole, formerly limited in pre-Clinton days to 14 million women and children on Aid to Families with Dependent Children, will now grow to a clear majority of the American population.

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