McCain: Tax Cuts for Middle Class = Welfare

McCain is finally going where the WSJ went a few months ago. John McCain is saying that tax cuts directed towards the middle and lower classes are in fact a welfare program, since the poor "pay no taxes."  Oy.

Remember, the top 1% wealthiest Americans, who pay 34% of total income tax revenue, got 52% of Bush's tax cuts.  These tax cuts were financed with deficit spending, increasing the debt burden of every American citizen.  Bush's tax cuts were therefore a redistribution of wealth, just in the other direction.  This is just another data point proving that if there is a class war, the wealthy are winning decisively.

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