By now we all know the Republican tax overhaul will disproportionately benefit the wealthy or at least that’s the Democratic story line.
Why are we surprised? If you are going to cut taxes, won’t the benefit mostly go to the people who pay the most in taxes? How do you cut taxes for people who have a negative tax bill?
Taxes need to be fair, but that’s in the eye of the beholder. I don’t think anyone should pay more than 10% of their gross income in taxes, but I’m a dreamer. We gave any chance of that up starting in 1935.
Today our leaders seek class warfare; to pit the 1% or more accurately the top 20% ($79,000) against the rest as if they are criminals; lords over their surfs.
While we fight about tax reform others seek to save Social Security, Medicare, to provide free college, to expand health care on the backs of the same targets of their unfair rhetoric.
Hey, I’m all for fairness and a progressive tax system, but a country can’t survive on funding by only 20% of its population. Those who push for more and more so-called safety nets fail to mention the high taxes paid by virtually all citizens in their democratic socialist country idols. Let’s add a 20% VAT on top of all other taxes. Our leaders can’t even bring themselves to tell us what the Social Security payroll tax should be.