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Monday, September 27, 2004

Why John Kerry will lose

I find it hard to believe any politician could say this:

Kerry said America's middle classes had suffered from the huge tax cuts that Bush had presided over and which Democrats say mainly benefit the most wealthy.

"He doesn't care, he's out of touch," said Kerry.

How could the middle class possibly suffer from tax cuts? Call them unaffordable or warn that deep spending cuts will be required, sure. But right now your typical voter cannot possibly think he's suffering from a tax cut.

I wouldn't mind a little of that kind of suffering myself.

Posted by Kevin Jaeger on September 27, 2004 in International Politics | Permalink

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Comments

I don't like Kerry one bit, but I think they mean that the middle-class suffered because the tax xuts only benefited the wealthy and not the middle-class. They weren't suffering because they were paying less taax.

Posted by: MT | 2004-09-27 10:21:53 PM

Before and after the Bush cuts, the rich still pay way more proportionately than everyone else (ie. - a much higher percentage of their incomes). Democrats are simply trying to pit one class against another.

Let's remember that punishing those who work hard and enjoy some success provides an unfortunate disincentive that makes economies less efficient, and ends up hurting everyone (ex. - many Canadians won't bother working overtime because the government would consider them "rich" for making that extra money). Finally, punishing the "rich" (which in Canada, is anyone making over $35,000 a year) causes many to exit the country, leaving a larger tax burden for the rest of the middle class.

The bottom line is that socialism doesn't work, and we should stop flirting with it. "You cannot make the poor rich by making the rich poor."

Posted by: Joel | 2004-09-28 3:58:32 AM


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