Tax philosophy. Sometimes I truly wonder if people think about this, and why in the world they would so adamantly support larger taxes for higher-income people.
Why punish success?
Everyone talks so much of "shared responsibility", although the Americans who make the most money pay 90% or more of the tax burden. And in the name of "shared responsibility", the middle and low classes demand that the wealthy pay more. And I ask: isn't this a contradiction of the philosophy the lower classes hold so dear? Why is it, that, the more successful I am in my sales job, the more I have to give the government? If shared responsibility is the liberal dream, why do the leaders of that movement demand the wealthy be punished with higher taxes, so the lower classes won't be required to give as much? While I pay a small percentage in taxes, the owner of the company I work for must pay huge sums of money in personal and business taxes. Because of his hard work, he is smacked time and time again with larger taxes.
Is this the "shared responsibility" that is idealized? I understand the sentiment that, if a person can contribute more, he should. After looking at the percentages though, even with the current tax cuts in place, the wealthy are bearing so much of the country's tax burden. I'd be hard pressed to support a candidate that would increase that burden. It would discourage financial success and economic investment. And, of course, it would discourage the "shared responsibility" ideal that has become so prevalent.
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