The president wants to take away your mortgage deduction

John Edwards, swings the bat in Ohio had some choice words for the Bush economic record, and some insights into future plans. I have written many times about the neo republican agenda to loot the treasury, and create a class of overlord aristocrats. In that vision of the world, unearned income has more value than earned income. It is important for them to aquire enough money so that their worthless offspring will never have to be subject to "work". Thanks to eschatonian JJF for the tip.

Edwards also criticized the President's new tax agenda as corrupting American values.

"It's time to return to the idea that made this country great," said Edwards. "Instead of helping wealthy people protect their wealth, we should reward the work of America's middle class."

The president has spent the past four years working to shift the tax burden onto people who work, while eliminating taxes on unearned income. The Bush administration's new "tax reform" plan, as revealed in a memo released by his former Treasury Secretary, is a reckless continuation of the President's history of serving special interests on the backs of working Americans.

The President's plan will raise taxes on typical families and take away deductions for home mortgages, charity and health care, hurting middle class families even more than before and rewarding special interests.

"The President's new 'tax reform' is the ultimate expression of his values," said Edwards. "We don't know all of the details, but we know that people who inherit hundreds of millions will pay nothing; firemen and waitresses and working people will pay everything. And we know his plan will take away the most important incentive for the single most important form of ownership: it will eliminate entirely the tax deduction for home mortgage interest."

Edwards pledged that he and John Kerry would create an economy that would honor work and responsibility, rather than wealth. The Kerry-Edwards plan rests on the idea that the middle class is the engine that drives the economy. Kerry and Edwards will create real economic growth by strengthening and expanding the middle class.

More of this is sure to follow, and Cheney's sock puppet will be selling his fake ass ranch come november, when it can no longer be mined for phot-ops for the fake cowboy. Soros ought to send the guy some horses, GWB is apparently terrified of them.