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Originally Posted by Snake Doctor
I thought I begged off on the bet?
Yeah the spread the wealth thing was stupid, I dunno why he said that. I haven't seen the actual exchange or read a transcript or anything though....I've just heard republicans bitching about it.....so maybe it wasn't that bad.
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I said I would send it you for your child's education fund. no bet, if he loses you still owe me nada.
The spread the wealth is an issue that is interesting but it basically is at the basis of his tax plan. Tax the rich and then give that money to the poor with the refundable tax credits to people that have no income tax liability currently. Basically they get checks from the IRS every year even though they paid nada. I was kinda stunned Obama told Joe the plummer that it what it is, and even more surprised he didn't try to deny it in the debate as that is an issue that could be a hot button issue.
Its basically welfare. Instead of taking the increased taxes and putting that into the budget, he actually is taking the money and giving it to the lower and middle class directly.
This is one of things that bugs me the most about him actually. The other is his health care plan. It doesn't go near far enough to get true universal health care. Clintons plan was much better but even that fell short. One saving grace on that issue for me is that when the Democrats get fillibuster proof senate and house, maybe they will push thru a more universal plan than currently on the table.