10-29-2008, 07:44 AM
Palin certainly doesn't mind "sharing the wealth around".
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Just last month, in an interview with Philip Gourevitch of the New Yorker, Palin explained the windfall profits tax that she imposed on the oil industry in Alaska as a mechanism for ensuring that Alaskans âshare in the wealthâ generated by oil companies:
  And Alaskaâweâre set up, unlike other states in the union, where itâs collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs. ⦠Itâs to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.
In fact, Alaskaâs Clear and Equitable Share (ACES) program, which manages the redistribution of oil wealth in Alaska, brings in so much money that the state needs no income or sales tax. In addition, this year ACES will provide every Alaskan with a check for an estimated $3,200. <!--QuoteEnd--><!--QuoteEEnd-->
http://thinkprogress.org/2008/10/27/pali...es-wealth/
Its obviously clear what Obama meant by "sharing wealth". Basically middle class is tired of tax breaks for the wealthiest few, its time to share "that wealth around". Like they did during Clinton era, when everything was more prosperous.
<!--QuoteBegin-->QUOTE<!--QuoteEBegin-->Just last month, in an interview with Philip Gourevitch of the New Yorker, Palin explained the windfall profits tax that she imposed on the oil industry in Alaska as a mechanism for ensuring that Alaskans âshare in the wealthâ generated by oil companies:
  And Alaskaâweâre set up, unlike other states in the union, where itâs collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs. ⦠Itâs to maximize benefits for Alaskans, not an individual company, not some multinational somewhere, but for Alaskans.
In fact, Alaskaâs Clear and Equitable Share (ACES) program, which manages the redistribution of oil wealth in Alaska, brings in so much money that the state needs no income or sales tax. In addition, this year ACES will provide every Alaskan with a check for an estimated $3,200. <!--QuoteEnd--><!--QuoteEEnd-->
http://thinkprogress.org/2008/10/27/pali...es-wealth/
Its obviously clear what Obama meant by "sharing wealth". Basically middle class is tired of tax breaks for the wealthiest few, its time to share "that wealth around". Like they did during Clinton era, when everything was more prosperous.