SCHIEFFER: So what do you make of what Senator Obama said to 'Joe the Plumber' the other day about spreading the wealth.
MCCAIN: Frankly, Bob, I was astounded. I think it displays a fundamental lack of understanding about how our free market system works in America. 'Joe the Plumber' wants to be a small business owner and small business owners already spread the wealth [begin ticking off points on fingertips] by bidding jobs correctly, hiring the right people, getting them to the right place at the right time with the right equipment. That's how a free market works. When you do all those things correctly you are rewarded. If you do them incorrectly you are punished. You see my friends, it is not the job of government to spread the wealth. People like Senator Obama won't phrase it this way but what they're doing is taking money from one set of Americans and giving it to another. This is not a free market, this is Marxist ideology. There is no system of risk and reward and incentive. And I believe that [smiles encouragingly and taps tabletop with pointed finger] is what is vitally necessary to a growing, thriving economy where everyone can benefit. We shouldn't confiscate the results of hard work, of successful work, and redistribute it through the inefficient arms of government. [Looks across table] And I will gladly yield the balance of my time to the distinguished gentleman so he can explain what he hopes to gain by increasing the tax burden on the top producers in this country.