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Wednesday, June 11, 2008

Does your money belong to you or does it belong to the government?

In remarks this week, both Senator Obama and Senator McCain made clear their opinions on who owns your money.

Senator Obama believes that all of your money belongs to the government and that you should be grateful for what it lets you keep. He attitude reminds me of the lyrics in the song 'Tax Man' written by George Harrison of the Beatles in 1966:

Should five percent appear too small,
Be thankful I don't take it all.
I am the taxman. Yeah

This is reminiscent of the bad jokes about flat taxes and two line tax forms:

How much money did you make last year?


Senator Obama clearly doesn't understand either the Declaration of Independence or the United States Constitution. Did no one teach him about that quaint phrase "We the People"?

Senator McCain, on the other hand, believes that the government should be much more modest in its demands on the taxpayer.

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