LET'S PUT SOCIALISM TO REST

"Like, Socialism": Hendrik Hertzberg, The New Yorker

During the 2000 campaign, on MSNBC’s “Hardball,” a young woman asked him why her father, a doctor, should be “penalized” by being “in a huge tax bracket.” McCain replied that “wealthy people can afford more” and that “the very wealthy, because they can afford tax lawyers and all kinds of loopholes, really don’t pay nearly as much as you think they do.” The exchange continued:

YOUNG WOMAN: Are we getting closer and closer to, like, socialism and stuff?. . .
MCCAIN: Here’s what I really believe: That when you reach a certain level of comfort, there’s nothing wrong with paying somewhat more.

For her part, Sarah Palin, who has lately taken to calling Obama “Barack the Wealth Spreader,” seems to be something of a suspect character herself. She is, at the very least, a fellow-traveller of what might be called socialism with an Alaskan face. The state that she governs has no income or sales tax. Instead, it imposes huge levies on the oil companies that lease its oil fields. The proceeds finance the government’s activities and enable it to issue a four-figure annual check to every man, woman, and child in the state. One of the reasons Palin has been a popular governor is that she added an extra twelve hundred dollars to this year’s check, bringing the per-person total to $3,269. A few weeks before she was nominated for Vice-President, she told a visiting journalist—Philip Gourevitch, of this magazine—that “we’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.” Perhaps there is some meaningful distinction between spreading the wealth and sharing it (“collectively,” no less), but finding it would require the analytic skills of Karl the Marxist. ♦

Click title for full article; and note: emphasis, mine. (The argument that Obama is giving money TO PEOPLE THAT DO NOT PAY TAXES AT ALL, is not true, as it implies people that do not work at all are receiving benefits. Only workers that pay payroll taxes would receive the credit, as it is an income tax credit, not a direct handout. In Alaska, every man, woman and child received $3,269 this year; EVEN those that don't work at all. What exactly is that?