Quote:
Originally posted by sgtclub
Whether it changes his commitment is not the point. The point is that he wants to redistribute the income of the middle class to help the poor. If he wants to give money himself, great. It's his, he should do with it what he wants. But if taxes are raised for this cause, it doesn't effect him. It does, however, effect you, me, and others a whole lot less fortunate than us.
On a related point, Ben Stein (yes the Ben Stein that worked in the Nixon White House) is pushing a big tax on the rich. When asked "who is rich" his response was those that make $5MM or more a year. He also stated that those that make a couple hundred on the costs are by no means rich. I agree with this latter point. The former point is attractive too, only because it doesn't effect me. But it does effect those making $5MM. And trust me, they don't think they are rich (at least not on the coasts). They think the guys in the next bracket up are rich.
So the real issue is, where is the "rich line" drawn and who gets to draw it? There is no good answer for this.
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First, John Edwards' campaign is doomed, for many reasons, one of which is that his wife is dying. He's going to collapse.
Second, the transfer would be from middle class people to financial planners.
Third, as more and more of the "coupla hundred" crowd on the coasts move into their own businesses, which has been a trend, the tax revenues Edwards' loathsome kind seek will become illusory. The IRS can't audit everyone. How many doctors do you know who have everything paid for by their practices?
People are realizing that the IRS can't catch everyone and the social contract or "honor code" that had most of us paying taxes truthfully is eroding under economic pressures, class ambition and consumption addiction.
John Edwards is a 70s Democrat joke. A lightweight plastic shyster. Loathsome but hardly frightening or worthy of conetmpt (even though I've wished him dead myself many times).
