Obama’s Tax Plan Is Really a Welfare Plan

I’ve been running these numbers and various figures in my head over the past couple of weeks as they’ve been spouted by Obama and his campaign, but I just couldn’t get a lock on what it was he wanted to do.  I inherently knew that his so called proposed “tax cuts” aren’t really tax cuts, but I couldn’t figure out a way to lay out the facts and figures to explain why I think that way.

Luckily, I don’t have to.

Peter Ferrara at The Wall Street Journal did an excellent Op-Ed piece that lays it all out logically and explains it in great detail.  It’s also very easy to read.  If you actually think Obama wants to cut your taxes (even for those making less than $250,000 a year) then you need to read this article.