From his blog at Time.com
To state the obvious, once again: We have had a redistribution of wealth, upward, during the Reagan era. Taxes on work, a.k.a. payroll taxes, have increased. Taxes on wealth, the upper margins of the income tax plus capital gains plus estate taxes, have decreased. To call Obama a socialist because he wants to redress this imbalance is as accurate as calling McCain an oligarch because he doesn’t.
Now that McCain’s been called out on this, you figure he’ll stop using it, right? Yeah, sure. After all, this is mild compared to the trash going out in those robo-calls. You wonder how McCain returns to the land of the living after this campaign is over–after all, his voice and vote, and his pre-campaign moderation, would be valuable on issues like immigration and global warming. There must be some sort of political detox, right?