Obama’s Latest Ad
I have never entirely understood the urge to specially tax so-called “windfall profits.” And I’m not sure that I believe that the Senator has the best plan to achieve energy independence. Still, it’s a pretty good commercial, and should appeal to a lot of voters, including a lot of centrists.
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The ad is playing over and over in the Philly market. Once again empty promises, unless of course he actually does the things he says in which case those of you who are under the age of 28 will get to see what life was like under the Carter administration.
One can’t deny that the guy is a taxer and spender. He’s got a very long laundry-list of government projects, and little hint how to pay for them other than stopping the Iraq War and taxing “the rich”. As many have shown, even if the War ended tomorrow, and taxes on everyone with incomes over $100K rolled back to levels of the 1970s, there wouldn’t be enough money to cover all of Obama’s programs. And that’s assuming that the genuinely rich didn’t have skilled tax advisers who’d make sure that they minimized their taxes.
On that note, a thing that impressed me about Obama is his tax return: he is either genuinely “patriotic” in the self-taxing sense of the word, or he’s extremely badly advised on tax matters. He and Michelle could have saved $40K+/year in taxes by having a SEP-IRA on the income from his book and his&her 401K/403Bs (not sure what Congresscritters get) on their W2 income…
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I find it ironic that he says “I don’t take money from oil companies”, and then two seconds later proposes a “windfall profits” tax which would take money from oil companies.
[…] Here’s Barack Obama’s latest ad. Watch it, then leave a comment with your thoughts on it in the comment section (via Dean Esmay): […]
Obama neglected to say that Exxon paid $30 billion in income taxes.
Obama will make Carter look good.
[…] Is Hillary on the ropes? Is Obama facing a lull before another storm? Is he too wounded to win the election? Is that guy smiling John McCain (yes). Here’s another edition of our linkest offering you an Internet roadmap to various sites. NOTE: Links and quotes do not necessarily represent the viewpoints of TMV or its co-writers. BARACK OBAMA HAS A NEW POLITICAL AD and Dean Esmay has the video and givesyou his take on it. […]
The I don’t take personal money from big oil so I am going to take money by force of government action makes him seem like an amatuer gangsters (as opposed to the professionals that have years of experience in congress). I really don’t know which makes me sadder.
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