The Last Capitalist

A site dedicated to restoring individualism in the United States of America

Another Barack Obama Brilliant Idea

Posted by jemartynowski on August 12, 2008

Barack Obama’s campaign has announced a plan to relieve seniors earning less than $50,000 of their income tax burden.  This, says Barack Obama, would save 7 million people an average of $1,400 per year.  What a heroic man to save the seniors from their terrible plight.

This is just the latest in Obama’s line of bold, herd-pleasing claims that sounds better to those who don’t care to think about consequences of our actions.  How about we try not to be one of the sheep and talk about what this plan would mean:

  1. Senior citizens, already loaded with government subsidies, will get more government subsidies.  Seniors currently have Social Security and Medicare, two of the most expensive things for us to pay for.  Every time the government gives something to someone, they take from somebody else.  So non-seniors are going to pay additional amounts to pay for that $1,400/ year.  Which is made even more unfair because…
  2. Seniors are better off than most non-seniors.  Think of it this way:  Pensions and Social Security that all of the current seniors are getting will be non-existent for those of us who will now need to save for our own retirement.  Why, then, should we be paying even more money to them.  The dollars I will be paying to Social Security, Medicare, and this new subsidy should be going towards my own retirement.  Thanks again, Democrats, for not giving a crap about my generation.
  3. Seniors are mostly in a better position than non-seniors in life.  I know, we all get the stories about how a senior-citizen can’t afford their medicine because they are on a fixed income and can’t afford it, and that is sad.  However, for every one of those people, there are probably fifteen or twenty non-seniors who have not one penny saved for retirement, have no pension, and (despite incorrect claims to the contrary) have no Social Security to look forward to.  Mostly, seniors have many advantages others don’t.  Plus, most seniors have other advantages:  they own their house outright, have no college costs, no day-care costs, and have investments and savings. 
  4. If you are under 40, Barack Obama doesn’t care about you.  He claims that “If you work hard and pay into the system, you’ve earned the right to a secure retirement.”  However, what about us?  I’m 25.  I’m paying into the system and will be for awhile.  What’s going to be there for me?  The correct answer is nothing.  But don’t worry, I’m sure someone else will come along and “save” us by creating more legislation and taking more control over our lives.
  5. Most low- and moderate-income seniors already owe no income tax.  Really, this plan just gives breaks to the more wealthy seniors who already have substantial assets.  This isn’t helping who Obama says it is there to help.  Not even a little bit.  It’s kind of an outright lie.

OK, so it sounds good when you say you are trying to help low- and moderate-income senior citizens.  The problem is, all you are doing is taking advantage of their votes by claiming you are helping them with something that doesn’t really help them at all.  That’s pretty low.  Even for a politician. 

(Sorry for such anangry post;  it’s just that the unrealistic BS coming from Barack Obama makes me even more furious because people actually buy into it.  We can’t be willing to hand over our freedom, or else we don’t deserve it.)

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5 Responses to “Another Barack Obama Brilliant Idea”

  1. goodtimepolitics said

    What gets me about this whole deal is Obama has the media in his pockets. I’m in my late 60’s and I think Obama’s plan is a bad plan as all he will do is raise the taxes on seniors above $50,000 and it will raise the price of food and other needed products on ALL seniors. I rather pay my share of taxes and keep the food price down for everyone.
    http://goodtimepolitics.com/2008/08/11/obama-to-tax-seniors-with-incomes-over-50000/

  2. loomisnews said

    Haven’t you tuned into Rush Limbaugh for your marching orders today?

    You can’t keep your Republican talking points straight.

    you’re supposed to still spread the lie that Obama is going to raise taxes on anyone making $30,000 a year, not tell people he’s going to CUT taxes for the 80% of the seniors who make less than $50,000 a year.

  3. jemartynowski said

    Loomis, the problem is fairness. Of course, I wish those seniors could pay less taxes. However, you can’t just say, “We’ll make the people we want pay higher taxes and others we’ll decide not to pay any.” Plus, someone’s going to pay that difference in government income, and it’s going to be the rest of us.

    Also, I’m not a “Republican or Die.” I’m a Capitalist, and I support freedom, as much as we can possibly get it, from the oppression of a government who has gone waaayyy over their Constitutional boundaries. I know that we think it’s to improve people’s lives, but that’s a slippery slope. You can justify many crimes against freedom by saying it’s for our protection. In actuality, the government should be working toward our freedom and protection from outside forces, not from ourselves.

  4. loomisnews said

    the issue is hypocrisy, the reactionary goons claiming Obama will raise taxes on everyon making $30,000 a year or more —

    and then attacking him for what’s rally in his tax plan, that he’ll CUT taxes on middle class people. It’s completely nonsensical, like a

    “freedom lover” who mindlessly supports the party who’ve taken away our freedoms — the REPUBLICANS. the only one more against our rights than them or the leebertarians.

  5. loomisnews said

    the issue is hypocrisy, the reactionary goons claiming Obama will raise taxes on everyon making $30,000 a year or more —

    and then attacking him for what’s rally in his tax plan, that he’ll CUT taxes on middle class people. It’s completely nonsensical, like a

    “freedom lover” who mindlessly supports the party who’ve taken away our freedoms — the REPUBLICANS. the only one more against our rights than them are the leebertarians.

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