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View Diary: Taxing the rich: it's not about "fairness" (182 comments)

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  •  A couple of points (2+ / 0-)
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    Catte Nappe, Amber6541

    First off, I agree with what you are saying, however, I actually do believe that one can clearly define what is fair in the area of taxation.  When it comes to individuals, if statistical data says that the richest 5% control 70 or 80% of the wealth, then they should be contributing 70 or 80% of the income tax.  We know for a fact that they are paying much less into the system than they are taking.   As a result, people with less wealth are forced to contibute a higher share than the actual share of pie they are taking in.  I believe the bottom 50% of the population only has 1% of national wealth but contributes 3% of taxes.

    Clearly to me that is not good and the reason for the increasing wealth inequality and loss of middle class.  The rich are paying less into the system than they are taking.  The lower economic classes are paying MORE into the system than they get in return.  

    Then we have the issue of corporate taxes.  We know for a fact that some of the biggest and richest corporations pay zero taxes and in some cases, actually get tax refunds.  Again, an example of the richest and most powerful "people" leeching from the system as much as they can at the expense of everyone else.  Corporations should be paying a flat tax regardless of how they make their money or where.  You post X profits, you pay X taxes.  No exceptions.  If they want tax breaks, then they should prove that they invested those profits back into the business IN AMERICA. Not china or india or wherever.  You want a break on your american taxes, then you put money back into the american system.  As it stands now we know that companies are hiding billions of dollars over seas and refusing to bring it back into the US because they don't want to pay taxes.

    Having said all that, I still agree with your overall point.  I don't believe it is government's job to be "fair" because trying to be a "fair" government with "fair" policies is impossible.  Someone will always get a bigger or smaller benefit/gain than someone else.  Just like how tax cuts overwhelmingly favour the wealthy while everyone else gets only pennies back in their pockets.   The job of government should be to help those who need it the most.  It should be to ensure everyone has equal opportunity and that, in my opinion, would mean very unfair policies....for the already rich and powerful and successful who already have the means to control and manipulate the system to their benefit at the expense of everyone else.  

    Instead, our current system seems to be the exact opposite.  Small businesses struggle and have to play by the rules while big box stores get all kinds of special treatment.  Individuals are punished for trying to get more money for their labour, but the rich seem to have legal entitlements to make as much money as possible in as short a time as possible at the expense of workers.  The list goes on and on and if you ask me, is back-asswards.

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