Tuesday, October 28, 2008

Red Reds?

David Gergen (political consultant and presidential advisor during the administrations of Nixon, Ford, Reagan, and Clinton), on with CNN's Anderson Cooper discussing Reagan and Teddy Roosevelt's tax plans. (about 2 minutes in)

[source of quote] Gergen suggested that the Democrats should invoke the example of Teddy Roosevelt, who was both a Republican and one of the greatest advocates of progressive taxation in the years immediately preceding the enactment of the current income tax.

Gergen also noted that the Reagan administration was responsible for enacting the Earned Income Tax Credit, an extremely successful redistribution program which returns money to the working poor.

Here is McCain from 2000 at one of his Town Hall meetings, explaining why it's alright to tax the wealthy more than the lower income people, and why it's the middle class who should receive a tax cut before the wealthy. There are plenty of clips and quotes out there where he says the same thing.

We don't have to go back all those years to find Palin not only believing in "sharing the wealth" but making it happen, big-time.
[source for quote] But Palin’s criticisms of Obama’s “spread the wealth” remarks are ironic, as she recently characterized Alaska’s tax code in a very similar way. Just last month, in an interview with Philip Gourevitch of the New Yorker, Palin explained the windfall profits tax that she imposed on the oil industry in Alaska as a mechanism for ensuring that Alaskans “share in the wealth” generated by oil companies:
And Alaska—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. … It’s to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.

In fact, Alaska’s Clear and Equitable Share (ACES) program, which manages the redistribution of oil wealth in Alaska, brings in so much money that the state needs no income or sales tax. In addition, this year ACES will provide every Alaskan with a check for an estimated $3,200.

This is also outlined on McCain Fact Check

Them that smelt it, dealt it.
So desperate and pathetic.