McCain: Obama’s Tax Plan Redistributionist
It appears that John McCain’s latest attack against Barack Obama is that Obama’s tax plan is redistributionist. That is Obama’s plan takes money from one group of people and gives it to another group. McCain is right, but my bigger issue is why now Senator? You’ve been in the Senate for a very long time and this kind of thing never bothered you before?
Our tax system constantly takes money from one group of people and gives it to different groups of people. Our current benighted policies regarding biofuels is a good example. Either through direct subsidies or via mandantory requirements people who grow corn get lots of money from people who buy fuel for their cars. Every bit of corporate welfare is an example of where at least some money is taken from individuals and households and transferred to corporations thus enriching the shareholders of that corporation. I’m sure if we went back and looked over John McCain’s voting record we’d find that he voted for very many bills that were redistributionist. Thus, while I agree with McCain that this isn’t a good thing I can’t really be persuaded to the fact that he wouldn’t sign into law such policies if he were to become President. In short, it is very much hypocritical of McCain to be complaining about this.