Paul Hodes (D- CA  NH ) is insisting that Obama is not planning on raising taxes for the middle class, but like most Democrat strategies, what sounds like one thing, smells like something else.  Obama’s plan at its simplest, which Hodes clearly supports, focuses on “taxing the rich,” while completely ignoring the fact that the only reason the middle class has an income to tax less of, is because “rich people” had the extra capital to invest in business and industry in the first place.  The middle class has jobs because someone created or sustained a business model that required their employment.  So it only follows that if you take some of that money away, bad things will happen to who?

The Democrat cover for this argument- “Bush gave tax cuts for the rich”–which the media regurgitates without much if any dissension while ignoring the economic growth and job creation it fostered–is based on actual dollars saved by the wealthy from any tax breaks they get and not on what percentage of all taxes they actually pay regardless of those savings.  According to the IRS the bottom 50% of all wage earners as a group–under the Bush Tax cuts paid only 4% or less of all income taxes collected.  That means the top 50% (that includes all the Rich people) paid 96% of all taxes collected.  So by the Democrat’s own definition, Bush’s “Tax cuts for the Rich” saved the wealthy from having to pay all of the taxes, by limiting them to having to pay only 90%.  (The upper middle class paid the difference of 6%) 

If Obama (and Hodes) wanted the rest why didn’t they just say so? 

Because it sounds greedy that’s why.

The fact is, Obama’s “tax policy” will have almost no affect on how much tax “the middle class” actually pays on income, but will take a lot more money out of the economy at a time when the economy needs all the help it can get. 

You see the government can’t get a night job when Democrats want more money to fund their freedom-sucking big government programs, so they play a bit of class-warfare, get the media to drive the “Change we have swallowed whole™ ” express, and then go fishing for their extra cash by promising to abolish canards like “Tax cuts for the rich.”  They then pontificate about happy days and sunny skies for the rest of us, hoping no one will actually bothered to look at the evidence.   (Google ‘who pays the most taxes’)

Since almost all the businesses (who employ middle class workers) are in that top 50% of tax payers (paying 96% of all taxes already) they and those who create them will probably find themselves with less money to spend.  This starts a cascade of actions which result in a slower economy, higher prices, less competition, smaller or no pay raises for employees, and more job losses for people IN THE MIDDLE CLASS.

The only group that gains from Obama’s (and coincidentally the entire Democrat congress’) plan is no one, because the loss in federal taxes from decreased business, investment, and commerce taxes, actually offsets any predicted gains from increasing taxes on the rich and may actually reduce the Fed’s intake.

So now who’s going to pay for all those big government programs? (I’ll give you a hint–the middle class.)

So are Democrats just stupid, or do they think we are?

The answer to both questions is yes.

Do you want Paul Hodes–who can’t seem to go to the bathroom with out Nancy Pelosi’s permission–jumping on the stupid train simply because he wants to pander to the Class warfare politics of the presumptive democrat nominee?  He might get a nice job in the White house but what will we get?

We’ll get an extra few weeks of unmployment checks before we have to go on welfare.  What did you think we’d get?