One of the weird things about Obama is that the more I hear, the more I like. And his tax plans are no different. At his rally I went to here in Austin, Obama went on a bit about what his new tax plan is. And apparently, as described by this news article, it's about the same simple thing that he talked about then.
And the focus is on getting rich people to pay more, and giving money for poor people to spend. And not only will this help out the poor people, but letting them spend money is good for the economy. I'm not sure why conservatives imagine it somehow makes more sense to just give money to business owners, but it sure seems to make more sense to give it to consumers first, who then give the money to business owners. That would just seem like commonsense to me. In cases like this, it's better to have as many middlemen as possible.
But Hillary's tax policy sounds like crap. It's one of those highly specialized social engineering taxjobs that make tax returns more difficult. And not only do I not think these are the best ideas, many people simply object to the social engineering aspect of these kind of taxcuts. And as the article points out, Hillary's will benefit people who already have some amount of money to spend, while Barack's benefits the very poor too.
So once again, it appears Obama's got what I need, and Hillary's just screwing around as if the 90's never ended. And sure, as the article points out, it's highly unlikely that either candidate could get these passed through Congress as-is. But it's the thought that counts, and Barack's thoughts seem a whole lot better than Hillary's.
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