Look, John’s last-minute economic plan does nothing to tackle the number-one job facing the middle class, and it happens to be, as Barack says, a three-letter word: jobs. J-O-B-S, jobs.
Jack;
Dontcha just love the new math? It explains how Obama can claim 95% of America will get a tax cut!
But Biden doesn’t know Joe the Plumber:
Patrick Hynes at ABP makes the point that Joe the Plumber is actually Joe the Small-Business Owner, and that’s why he will run afoul of Obama’s tax policies. Joe made that clear in his ropeline conversation, and Obama made just as clear the fact that Joe should be happy to see government spread his wealth around. Quite obviously, Joe the Plumber/SBO in Toledo is worried about it — in fact, disgusted by it — whether Biden knows him or not.
Biden’s obviously out of touch, and dangerously so. If plumbers like Joe worry about the heavy tax burden he will incur by owning their own businesses, they won’t take the risk to launch the ventures. That will depress job creation and keep people locked into working for larger employers, the very corporations against which Biden inveighs in this remarkably substance-free rant.
Joe The Plumber/Joe The Small Business Owner, is one of 662,000 small businesses making more than $250,000 a year in the United States, and they will be taxed under Obama’s plan. But Don’t worry Joe, Obama doesn’t want to punish your success:
Plumber to Obama: “Your new tax plan is going to tax me more. Isn’t it?â€
Obama: “It’s not that I want to punish your success, I just want to make sure that everybody that is behind you, that they have a chance for success too. I think that when you spread the wealth around, it’s good for everybody.â€
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