As Americans prepare to pay their Taxes this April I thought it might be fun, informative, and something to do on this frosty Saturday morning, to research a burning question in dire need of discussion: Who carries the greater tax burden; the wealthy or the income challenged?
This is what I found:
“Virtually every state tax system is fundamentally unfair, taking a much greater share of income from low- and middle-income families than from wealthy families. The absence of a graduated personal income tax and overreliance on consumption taxes exacerbate this problem.”
Our newly elected Republican dominated Congress will grapple with tax reform this year, we all hope, but the GOP has always favored wealthy individuals and corporations when it comes to defining tax codes, so where does that leave the overburdened middle class and the even more tax oppressed poor. The phrase up the creek without a paddle comes to mind. Who will speak for the tax weary millions of American families; certainly not the Tea Party, who began their illustrious political career as tax reformers only to have their voice absconded by the uber rich Koch family. Not the Democrats, they are now only capable of fighting a holding action against a new generation of supply-side theorists who still espouse the debunked economic philosophy once referred to as the ‘Trickle Down Theory” repackaging those theories and pushing for lower taxes for wealthy individuals, businesses, and corporations.
No, we need something fresh, something new, something radical to level the playing field, I hate sports metaphors, we need to do it by ourselves from the Grass Roots, the place that holds the true power in America, ourselves.
I’m fond of saying ‘never underestimate the probability that the Party in power will royally screw things up’. I hope I’m wrong but I don’t see Congress magically changing its dysfunctional ways, just because the Republicans hold a majority in both houses of Congress. The media is useless and overwhelmingly owned and controlled by those forces aligned on the accumulated wealth side of the issue, so don’t look for help from that quarter.
If, like me you find amusement in pondering these weighty issues I would invite you to peruse this web site URL link WhoPays for your edification on fair and equitable taxation. It has a nifty little tool that will allow you to compare tax rates in other States and see just who pays what. Course you must remember that each state legislature determines the tax rates paid by its citizens and this isn’t determined in Congress or at the Federal level, thank god, she has too much to worry about already. There is a lot of good information on the WhoPays site that might just open some eyes.
Perhaps there are some of you out there who will have an epiphany and be willing to share it with the rest of us. Wouldn’t that be just grand, who knows maybe we can solve one or two of the problems facing us in today’s modern world. Please feel free to post your thoughts and or opinions on this site by leaving a Reply.
Be well and stay warm out there.