Blue Mass Group

Reality-based commentary on politics.

Michael Graham’s anti-Obama fakery

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The second-best part is that Graham calls his blog “The Natural Truth.” The best part is that Graham is on a crusade to convince people that McCain-Palin supporters aren’t really hate-mongering against Obama. I guess he’ll have to exclude himself.

Update: Graham responds and, as I predicted, invokes the “any idiot would know it’s a fake” defense. Pathetic.

(For a photo collage, see my original item at Media Nation.)

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  2. For months I’ve been mocking Sen. Obama’s claim that he’s going to “cut taxes for 95% of American families.”  As I’ve pointed out ad nauseam, about 40% of tax filers pay no federal incomes taxes.  They can’t get a tax cut, unless Sen. Obama has discovered a number lower than zero during his travels across the 57 United States.

    The Wall Street Journal makes the same point today, and they offer a comprehensive list of the tax “cuts” Obama is proposing.  They’re really checks that he wants to send people in the bottom 50% income bracket, paid for with money from the rest of us.  But as the WSJ points out, these “credits” are phased out at your income rises.  Earn $75,000 or more, and there’s no soup for you!  You’re not getting a check, you’re writing one.

    All but [one of Obama’s tax credits] would be “refundable,” which is Washington-speak for the fact that you can receive these checks even if you have no income-tax liability. In other words, they are an income transfer — a federal check — from taxpayers to nontaxpayers. Once upon a time we called this “welfare,” or in George McGovern’s 1972 campaign a “Demogrant.” Mr. Obama’s genius is to call it a tax cut.

    The Tax Foundation estimates that under the Obama plan 63 million Americans, or 44% of all tax filers, would have no income tax liability and most of those would get a check from the IRS each year. The Heritage Foundation’s Center for Data Analysis estimates that by 2011, under the Obama plan, an additional 10 million filers would pay zero taxes while cashing checks from the IRS.

    The total annual expenditures on refundable “tax credits” would rise over the next 10 years by $647 billion to $1.054 trillion, according to the Tax Policy Center. This means that the tax-credit welfare state would soon cost four times actual cash welfare.

    In other words, Sen. Barack Obama’s plan is to eventually move $1 trillion from the people who earn it, to the people who don’t.  Actually, I should say an additional $1 trillion, on top of the money already being transferred by welfare, Medicaid and existing government programs.

  3. By the way, Dan, do you know why in the world Emily Rooney allowed this guy on Beat the Press? He spent most of his time making false statements, one of which you yourself corrected him on.

  4. Jay Severin occasionally comes up with good ideas. Even Bill O’Reilly (who they used to air) wasn’t as bad. But Mr.Graham would always make me want to puke. The man has no regard for logic whatsoever.

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