Spreading the wealth: Dealing with Obamanomics

10-28-2008 • by Wendy McElroy

My waiter was fast, efficient and courteous, but I could not help but notice the 'Obama '08' tee shirt. “So you like Obama and his government policies? ” I said. The waiter said, “Yes I personally feel it’s about time we have a loving and

1 Comments in Response to Spreading the wealth: Dealing with Obamanomics

Comment by SAC

Entered on: 10/29/2008 10:05:55 AM

Wendy,
Your gesture would have been faithful to Obama's tax policy if your waiter makes more than $250,000/year. If he was making that, it would have been more accurate to give about a third ($1 to the homeless guy (actually, give about 5 cents to the homeless guy, then parcel out the rest to infrastructure, military, interest payments etc) and give $2 to the waiter. If he's making about $20,000, which is more likely for a guy in a t-shirt, the only point you made is that you don't like taxes.
I know how it is to be entranced by the big concepts, but degree and detail are still important.

Stuart

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