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I take back what I said about his bright future even as a Fox News star.
Joe is a faux plumber! (Quel horreur!) And a tax scofflaw! And something about Obama just happens to remind him of Sammy Davis Jr.! And-- if true, this next thing is weirder than weird—Joe may be related by marriage to Charles Keating, star of the S &L scandal that almost ended McCain's Senate career! And—his name's not even Joe!
By now I am starting to feel kind of sorry for Joe. Faux Joe. Samuel. Whatever his name is. He registered as a Republican last spring. By now, he's probably having second thoughts about how great it is to be championed by John McCain before a viewing audience of 38 million U.S. households.
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I'm still not worried about Joe the Plumber. For one thing, the guy's now the most famous plumber in America, and I'd say he's got a future as a Fox News star.
But for another, Emily, he's fine either way: If he buys this company and it doesn't make enough to push his personal income over $250,000, then he gets no Obama tax increase, and depending on his income level, he very likely gets one of those Obama tax cuts. Lucky fella. And if his company's profits do push him over $250,000 (I can't find the link, but I believe that in an interview he says they probably would), then his marginal tax rate would go up a tad under Obama's plan, but he's still making far, far more than most of his fellow Americans—and keeping most of it, too.
So what's the problem here for Joe? He'd rather not have his marginal tax rate increase. OK, I get that. But no one—certainly not Obama—is suggesting he didn't work hard to get his money, or that he's not "entitled to keep most of it." We're talking about a small increase in the marginal tax rate for Americans in the top fifth percentile of incomes, not about nationalizing Joe's plumbing business. (Much as I'd like free government-provided plumbing ...)
I guess I just don't see why Obama's comment about wanting to "spread the wealth around" strikes fear into anyone's heart. That's what the progressive income tax is supposed to do—and no one really questions the core concept, just the details (What should the highest marginal tax rate be? What should the income threshold be? etc.). Right now, given the stunning levels of income inequality in this country, both parties agree that we need to spread the weath around a bit. The question is just what mechanism will most effectively do the trick. Is it improving education while cutting taxes for all, as McCain proposes?Or is it tax cuts for the lower 95 percent and marginal tax rate increases for the wealthiest 5 percent, including, hypothetically, Joe the Plumber—if he hits the big time?
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C'mon, John, there was one great moment in last night's GOP debate: When Mitt Romney sneered that John McCain couldn't be too darn conservative or else the New York Times wouldn't have endorsed him, hehhehheh, and McCain flipped him his riposte—something about then how come both of Romney's own hometown papers, including the superconservative Boston Herald, had endorsed McCain, too, huh? The killing part was not what McCain said, but how he returned Romney's phony laugh, hehhehheh, soooo sarcastically, and right up in Romney's face. So that for a couple of seconds, as they were nose-to-nose doing this and wagging their heads back and forth, I was actually hopeful that the whole thing might end in a head-butt. Alas, that was not to be. But Romney still looks shocked anew every time McCain answers him, so maybe that's why he failed to move in for the kill. And wouldn't you have loved to have seen the thought bubble over Nancy Reagan's head when Mike Huckabee took her arm—thank goodness someone did, because I was afraid she was going to fall—and then spent ages patting her hand?
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