There’s a new editorial in Wall street Journal by Peter Ferrara that portrays Barack Obama’s tax cut plan as "welfare for the poor".
Ferrara who worked in the Reagan's White House argues that Barack Obama's tax credit to 90% of the Americans is actually like giving welfare to the poor!
Here's the link:
http://online.wsj.com/...
I have to admit that I didn’t see this coming. I didn’t realize that this is one way the ultra rich would spin this. I couldn’t see how anyone could see anything wrong with a tax cut, except if you are among the 10% who actually gets to pay your fare share. What the wealthy conservatives 10% don’t want us to think about is that for years, corporations like Exxon Mobile and Halliburton have been getting huge tax breaks and making huge profits which could amounts to welfare for the rich and John McCain is planning to give them even more of a tax break if he is the president while the middle class in this country is shrinking and the poor are getting poorer. So they want us to believe that taxing the middle class is good for us and we should all shut up and like it.
We all need to wake up before it's too late and mobilize and help elect Barack Obama the president.