Great Catch by Lee Cary at American Thinker
“But understand this: We also have to look at where some of our tax revenues are going. So when Sen. McCain proposes a $300 billion tax cut, a continuation not only of the Bush tax cuts, but an additional $200 billion that he’s going to give to big corporations, including big oil companies, $4 billion worth, that’s money out of the system.
And so we’ve got to prioritize both our spending side and our tax policies to make sure that they’re working for you. That’s what I’m going to do as president of the United States.”
“The system.” What is this system to which Senator Obama referred?
This system is the federal government’s budget — the hub of Obama’s American economy - the center of the nation’s financial universe — the core of the American enterprise. It’s the federal government’s taxing system.
That same federal entity that produces nothing, but exacts its funds from those entities that do produce things — tangible and intangible. That’s the system to which Obama referred, and to which he defers.