An impressive crowd of 100,000 showed up to an Obama Rally in St. Louis, MO today.

Obama saying that he would give tax cuts to working people and that McCain – is one of the only politicians in history who would say that a tax cut for the working middle class amounts to welfare and a government give-away. [Especially after the $700bn Wall Street bailout.]

Obama argued that all workers are subject to payroll tax – and that by giving those at the lower end – who don’t pay income tax – a tax cut is in no way welfare – as these are working people.   

Where John McCain wants to give tax cuts and really what most consider corporate welfare – to companies like – Exxon Mobile – and to CEO’s on Wall Street over – relieving some of the pressure those in the middle class are feeling.

Both John McCain as well as Barack Obama (through successful book sales) are in the upper 5% income bracket. Obama wishes to use the 3% tax cut that the Bush administration introduced – for the wealthiest 5% – to give it to the middle class and poor – in a form of a tax cut for 95% of working people and small business owners. Something which Republican commentators have called ‘Robin Hood’ type policy and even ‘Marxist’. McCain agrees and wishes to keep the Bush tax cut for the wealthiest Americans – in place – the idea being that this money can trickle down to those on lower wages.

During the Clinton eight years – the tax cut for the wealth did not exist – yet the US economy grew more than at any time in history. The idea of giving a tax cut to the richest – in order that it trickles down to those less well off – falls apart – when the Bush (both Bush) economics are compared to the strongest and more prosperous Clintonian one. McCain is largely promising to continue Bush economics – with only a couple of alterations.

In 2000 Clinton requested that taxes not be reduced – in order to pay down the debt within eight years.

Plumbers were raised, along with teachers and police officers – to say that if you don’t make $250,000 then you will receive a tax cut. And taxes will only increase on the amount of earnings above this – by 3%. Obama has said in the past that he will work with small businesses to lower the amount they pay toward employee health-care.

Obama reminded voters not to be complacent – that they should keep making their case for change – that they should keep working hard – as a Democrat win is not guaranteed.

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