CNN Admits Obama's Tax Plan Involves Redistribution of Income

CNN's Fact Check gets one right:

The Statement:
At a campaign stop Sunday, October 19, in Westerville, Ohio, Sen. John McCain cited Sen. Barack Obama's promise to "cut income taxes for 95 percent of Americans. You might ask, 'How do you cut income taxes for 95 percent of Americans when more than 40 percent pay no federal income taxes right now?' … The government will write them all checks called a 'tax credit,' and the Treasury will have to cover those checks by taxing other people." ...

The Verdict:
True. Obama is promising tax credits to 95 percent of American workers to offset payroll taxes. The credits would be funded in part by tax hikes on individuals making $200,000 or families making $250,000.

You can read all the gory details here. Bottom line, it's a take from the modestly wealthy and rich and give to the poor and/or lazy scheme.