Short answer: no, it isn’t.
Long answer: I’m too lazy to retype it all; luckily Obama-Biden’s website already has done that for me. Additionally, there is an actual socialist party here in America, and they would take serious offense to any part of Obama’s economic plan being called socialism—because it isn’t. Plain and simple.
About eliminating small businesses and forcing everyone to quit their jobs and beg for government handouts: if you seriously think that, you are STUPID. Businesses that create jobs on American soil get tax breaks. Startups are not taxed on capital gains. Businesses and individuals that are rich enough already and can afford to pay more taxes are going to have to *ZOMG* actually pay taxes. Businesses and individuals that are worried about being able to stay afloat will get the relief they need by…not having to pay taxes out the everywhere—not by being forcibly put on welfare. Seriously, if you actually believe that Obama is going to FORCE everyone to have government healthcare and FORCE everyone to go on welfare, you are, among other things, an idiot and a chump.
Basically all Obama is doing here is fixing the progressive tax from what it had in some ways turned into: a regressive tax, where the percentage of income paid in taxes is inversely proportional to income. What will this do?
- Give the government more money to spend, because more of it will be coming from the wealthy and large corporations, instead of draining the middle class and small businesses dry.
- Make government-provided healthcare and welfare programs actually sustainable for those who DO need them because they can’t afford healthcare or are living in poverty.
- Encourage the free market by making starting a business easier, instead of having it be impossible because of the skewed tax distribution in place de facto now.
- Encourage competition by not letting the big corporations have runaway profits, and by the government having money to enforce common-sense regulations to keep the playing field level.
What’s hilarious to me is that everyone who’s scared of America turning into a socialist country wants to move to either Canada or England. In England, Obama would be in the FAR-right party—government in much of Europe is far more progressive than here—and if you’re afraid of socialism, Canada will be like a much colder version of hell for you. “Out of the frying pan and into the fire” doesn’t work as well as “out of the fridge and into the permafrost” here, but if you do go to Canada enjoy your hockey, cold fronts, annoying pop singers and socialized healthcare.
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On Obama and “socialism”
Short answer: no, it isn’t.
Long answer: I’m too lazy to retype it all; luckily Obama-Biden’s website already has done that for me. Additionally, there is an actual socialist party here in America, and they would take serious offense to any part of Obama’s economic plan being called socialism—because it isn’t. Plain and simple.
About eliminating small businesses and forcing everyone to quit their jobs and beg for government handouts: if you seriously think that, you are STUPID. Businesses that create jobs on American soil get tax breaks. Startups are not taxed on capital gains. Businesses and individuals that are rich enough already and can afford to pay more taxes are going to have to *ZOMG* actually pay taxes. Businesses and individuals that are worried about being able to stay afloat will get the relief they need by…not having to pay taxes out the everywhere—not by being forcibly put on welfare. Seriously, if you actually believe that Obama is going to FORCE everyone to have government healthcare and FORCE everyone to go on welfare, you are, among other things, an idiot and a chump.
Basically all Obama is doing here is fixing the progressive tax from what it had in some ways turned into: a regressive tax, where the percentage of income paid in taxes is inversely proportional to income. What will this do?
What’s hilarious to me is that everyone who’s scared of America turning into a socialist country wants to move to either Canada or England. In England, Obama would be in the FAR-right party—government in much of Europe is far more progressive than here—and if you’re afraid of socialism, Canada will be like a much colder version of hell for you. “Out of the frying pan and into the fire” doesn’t work as well as “out of the fridge and into the permafrost” here, but if you do go to Canada enjoy your hockey, cold fronts, annoying pop singers and socialized healthcare.