
People say that Obama is a socialist, and wants to redistribute your wealth. For one, socialism is a bit more than "spreading the wealth." Something about the state controlling the means of production, and all that. What Obama wants to do is simply make the tax code slight more progressive. Specifically, the richest 5% of households see their marginal tax rates for income above $250K move from 36% to 39%. Why suddently that's "socialism" is beyond me. But taking a gander at yon pie chart, it should make it obvious why this needs to be done, and that Obama is proposing isnt' really enough, IMO.
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