Tuesday, September 9, 2008

Buying Votes

When I was a kid in Taiwan, often times I heard of the scheme of buying votes during election years. Certain candidates would stop by your house then ask for your vote. Before they left, they dropped an envelop, in the name of personal gratitude. That was the bad 'ole days when Taiwanese were untrained and unaware of the spirit of democracy. In spite of it, my parents taught me well about the values and principles that hold together a just society. When I learned about the vote-buying scheme, I dismissed such a conduct right away. Decades later, I'm in the United States, which is supposed to have a highly evolved and mature democratic society. The educated Americans are supposed to bury the vote-buying scheme, a disgraceful political maneuver, long ago. Unfortunately, it is still alive, and being massively utilized, only disguised under a very different form.

We call it Obama's tax cut.

Ladies and gentlemen, 30 years of Republican tax policy have now completely eliminated federal income taxes on the poor and lower middle-income Americans, and almost eliminated them on middle America. The data have shown that the top 1 percent of income earners now pay 40 percent of all federal income taxes, which is almost double their share of the national income. The top 10 percent pay 71 percent of federal income taxes, though they earn just 39 percent of the nation's pretax income.

However, Obama proposes new income tax cuts for the low and moderate income and middle class, which Reagan Republicans have already eliminated most of their income tax liability. What is Obama talking about? Essentially what Obama proposes is to allow the federal government to redistribute the tax revenue to those who either pay little or pay no income tax. It is not a tax cut. It is a giveaway, a federal spending program that hides in the tax code.

What's more is that Obama says he will cut tax for 95% of Americans. Sounds good? Let's dive into it a little deeper. He proposes $500 refundable income tax credit for all but the top 5 percent of income earners. Conveniently, the bottom 40% of income earners will all get another $500 check from the Uncle Sam, rather than a reduction in tax liability, which Reagan Republicans have eliminated long ago.

It is very clear that Obama's tax proposal is a shameful huge government spending program, rather than a tax relief. It is also a vote-buying scheme, which bribes low-income voters for their ballots. Hey, vote for me now then you will get a juicy check later. It is a disgrace to the human dignity and an insult to human intelligence.

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