Claudia Peters: Obama not for change
October 21, 2008
To the editor:
The Obama/Biden team has been claiming they stand for change. After listening for something of substance for the better part of a year, all I have heard is the same old Democrat message of class warfare and envy of anyone who prospers in America.
Then there is the same tired tax and spend message. Change? I submit that real change in America would be a promise of a smaller government and a reduction of government spending. Sen. Obama is proposing new spending of $1.3 trillion in his first term, if elected. This is in addition to the almost $1 trillion we are being asked to fork over to bail out the banks.
Let’s put that into perspective. How much is a billion? A billion seconds ago, it was 1959. A billion minutes ago, Jesus was alive. A billion hours ago, it was the Stone Age. A billion years ago, no one on the Earth walked on two feet.
In a recent debate, Sen. Obama said $18 billion in earmark spending isn’t a lot of money.
I don’t know about the neighborhoods he lives in, but in my neighborhood, and I bet yours as well, $18 billion is a lot of money. Sounds like very cavalier attitude toward our hard-earned money that goes toward taxes.
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Sen. Obama plans to increase the capital gains tax from 15 percent to 28 percent.
Do you have a 401(k) or plan to sell your home? Plan on keeping less of your own money. He plans to increase the tax on dividends as well as increase the tax on gasoline and utilities such as water, electric and gas. And plans to double foreign aid.
At the same time, he plans on cutting taxes for 95 percent of the population. We need to do some math here. At least 33 percent of all individuals pay no income tax. So how can they receive a tax cut? They don’t. They receive a welfare check, plain and simple. Nice little vote buying ploy at real taxpayers’ expense during an election.