Look closer. Think harder. Choose the sound argument over the clever one.

Friday, July 31, 2009

Taxation Without Representation

Tax Burden of Top 1% Now Exceeds That of Bottom 95%".

Full disclosure: I'm pretty sure I'm part of that bottom 95%, though I didn't find the cut-off.

Kissing up to the rich is wrong (and against my faith).

But so is demonizing the rich. Particularly in light of this.

Corollary: Like it or not, you're beholden to the rich. They're your benefactors. (Don't like that? Then pay more taxes yourself.)

Think about the teenager who continuously bad-mouths his parents, except when he's holding out his hand for his allowance. Want to be like that?

Corollary: What happens to these richest 1% has a hugely disproportionate effect on the government's income revenue. There's no Magic Money Fountain, despite what you've been led to believe. (That's its own future post.)

"Markets" need to experience pain (as feedback), or they become dysfunctional, anemic. This tax arrangement is very anemic, and it will likely have consequences. People don't appreciate what they don't pay for. Even poker has an ante. Not good.

But doesn't James 2 claim that the rich are exploiting me? You could read it that way, but the balance of Scripture doesn't roundly condemn being rich. James lists specific immoral actions, like exploitation, unjust lawsuits and even slandering Christ's name. Like greed, none of these things are unique to the rich, or apply to everyone. (I'm also convinced real exploitation--historically and globally--bears little resemblance to what goes on in the United States.)

Via Instapundit

Update: Tom Maguire is irritated by how the original article presents things, with more discussion in the comments.


Comments:

(Please keep in mind that each commenter's opinions are only his/her own.)



This is assuming financial reward = healthy which isn't a correct assumption. A very large number of rich people are up to no good with their wealth, or recieve their wealth from unhealthy occupations or relatives. A lot of them are unhappy and would be happier doing something else.

Also society values the wrong thing and rewards the wrong people. Not all the time but much too often for the sentiment of this blog post to hold water for me I am afraid.

In general I don't like the rich.
 


Hey, DB!

A very large number of rich people are up to no good with their wealth, or recieve their wealth from unhealthy occupations or relatives. A lot of them are unhappy and would be happier doing something else.

Some, surely, but there are a lot of value judgments in there, too. Who decides who's "up to no good ... unhealthy ... unhappy"? Shouldn't there be freedom for them to decide that? If not, shouldn't someone come along and decide that you're all those things, and coerce you in whatever way they please?

I think, ironically, riches do ruin many of those who achieve them (or their children). But I don't think that justifies taking some arbitrary amount away from them.

And by world/historical standards, we're all incredibly wealthy.
 


hmm..

hang on...

No.

I don't think so. I am going on feelings, but it feels to me- and this is a value judgement- that there are a vast amount of people heading the wrong way, they know they are unhappy doing it and they can't stop. There is a conspiracy of despair. Of doing the same thing over and over till someone tells them they are too old and gives them a pocket watch.

Some people have pride in their ability to do this. others wonder

"What was that all about?"

Yes. By world standards we are incredibly wealthy, and I am a very lucky person. But changes need to be made and if people could see that changes are healthy the human race could progress.

Maybe it is just going to. Maybe that is just evolution. I hope so.
 

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