On Tuesday, a wave of protesters, upset with overly-burdensome taxation by the federal government, are set to descend on the nation's capital to express their displeasure. But does their anger reflect the truth about today's tax rates? After all, neutral economists insist that, under the Obama administration, the overwhelming likelihood is that your tax burden has gone down, not up. Even conservative economic analysts acknowledge that there really is no basis for middle- and working-class Americans to believe that they're suddenly paying more. "The only tax I think that has been put in place so far is an increase in the federal cigarette tax. I can't think of another Obama tax that has gone in place so far," said Chris Edwards, Director of Tax Policy Studies at the conservative Cato Institute.
TPJ: Even if you still have to pay taxes this year, chances are you're paying them at a lower rate. So says the non-partisan, Center for Budget and Policy Priorities, "A family of four in the exact middle of the income spectrum will pay only 4.6 percent of its income in federal income taxes this year, according to a new analysis by the Urban Institute-Brookings Institution Tax Policy Center. This is the second-lowest percentage in the past 50 years."
Supreme Court justice, Oliver Wendell Holmes said of taxes, "Taxes are the price we pay for civilized society." Taxes are like the dues to enjoy the privilege of living in the highly advanced and developed America. Those who are making a lot of money who complain about paying taxes need to remember that they were able to make that kind of money because they live in America, which demands we all pay our fair share to maintain that quality of life. They are likely in the position they enjoy thanks to public education. I doubt these people would have made such money had they been born in Congo, Haiti, Afghanistan, Bangladesh, or Colombia.
We love our clean streets, smooth roads, (without pot holes) clean water, safe medicines, excellent emergency services and any other benefits one gains from government that is funded by our taxes. We are pretty spoiled and often forget all the good that government does for us, which makes our daily life easier, nicer and safer. Taxes aren't evil--they're the price of being able to live and thrive in a modern society. Oh yeah, and government isn't some amorphous entity separate from us as many seem to believe. Government is US, so if we hate government then we are hating ourselves.
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1 comment:
Right. And lets not forget that we still pay less taxes than Europe. And contrary to popular belief, our standard of living is not higher than Europe's. This is not due to our economy, since our GDP per capita is higher than any found in Europe, but it is because Europe's wealth is distributed more evenly. What happens when you try to tax the rich here in the U.S? Even the poor protest against that, because they are hoping that someday they will be rich and they don't want to pay taxes. Remember, Joe the Plumber? I still can't believe that stupid people can have such a massive following.
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