Should the Rich Pay More in Taxes?
Larry Elder, writing in Town Hall Magazine noted a 2008 poll given by the Investor’s Business Daily that sought to find out what most people think the rich pay in taxes. The findings were that most people believe the rich pay contribute approximately 20 percent of all federal income taxes. This is far, far less than what the rich pay. An informal poll was taken by a US News and World report Blogger of 24 DNC delegates at the Democratic National Convention in Denver in 2008. A question poised was, “what do you think the rich should pay in income taxes”, the average response was that they should pay about 25 percent. Strangely the fact is that the rich pay a lot more than this in tax rates and as a percentage of total tax revenues.
The fact is nearly 50 percent of all Americans pay no federal income tax at all while the top 25 percent of wage earners pay about 85 percent of all federal income taxes and that doesn’t include government perks such as earned income credits, Medicaid, food stamps, unemployment, and a host of other government programs.
Moral Questions About Tax Policy
There are a number of moral questions about taxing policy that few people consider.
Question 1: Is it moral for those who pay no taxes to vote on how much to tax those who are required to pay tax?
Question 2: Walter Williams writing for Townhall magazine asked if it is it morally right for one American to live at the expense of another American. More specifically should taxpayers be forced to pay for handouts, to banks, auto companies, college students, the poor and countless other special interests?
Question 3: In a free country, is it morally right to tax someone at a higher tax rate than someone else? Not only do the rich pay more taxes but at a higher tax rate. Even the Old Testament tithe was a flat tax, 10% for everyone!
Question 4: Because the government has imposed a high tax rate, less is available to give charitably give to those in need, this includes family members.
Question 5: Walter Williams writing for Town Hall magazine asked if it is morally right to force others to give their rightfully earned money to others or other purposes not specified in article 1 section 8 of the Constitution.
What do We Want to Reward?
The wealthy in this country for the most part have gained their wealth through providing something of value to others. Their contributions have created opportunities for others, we should be grateful to these people and strive to do what they’ve done and not penalize them for their achievements.
Most of us desire to help the poor and destitute but will acknowledge that rewarding dysfunctional behavior is not helping but enabling many to remain as they are. Many poor people have poor values, bad attitudes, irresponsible habits and various addictions. Local, private charities are often much better suited than government programs to evaluate the needs of poor and destitute and help these people. Government programs on a whole have just increased the cycle of dependency and rewarded poor behavior.
Liberal Hypocrisy 101
Columnist Larry Elder writing for Townhall magazine noted that President Obama called charitable giving and higher taxes a matter of “neighborliness” and that Vice President Biden said it was a matter of “patriotism”. Yet their charitable giving until recently has been below what even the average America gives.
Elder notes that in 2007 greedy and evil George Bush and his wife gave 18% of their income to charity, while president Obama gave 5% to charity in 2007. Elder goes to say that between 2000 and 2004, the Obama’s gave less than 1% of their income to charity while earning between 200,000-300,000 dollars per year, while the average American gives about double that percentage in charities. Elder noted in 2007 the Biden’s gave 0.3% of their income to charity and from 1997-2007 the Biden’s charitable giving has averaged about 1% of their income. Do you think there might be a little phoniness going on here?
It should be noted that federal income tax often hinders those are trying to become successful not the wealthy themselves. Often rich liberals are living in the lap of luxury while preventing others from advancing up the economic ladder and challenging their success? How do they do this? The answer is by punishing the wealth creators with high taxes and burdensome regulations to make sure that they maintain their own monopoly. Oh did I mention that according to statistics the average liberal household is wealthier than the average conservative household, but that the average conservative gives 30% more to charity.
So what do you think, should we increase taxes on the rich, what if you wanted to become wealthy would you feel the same way? Should the rich pay more than 35% of their income in taxes while nearly half of America pays no income tax at all? Isn’t being forced to pay to benefit someone else a form of servitude or slavery? What about the rights guaranteed in the Constitution, how is it that the government can pick the pockets of one citizen to buy the vote of another citizen?