Everyone Must Pay Taxes or America will Fail
Author: RobViglione Total views: 13 Word Count: 408
I read an article the other day talking about the usual tax statistics: top 1% of society pays 37% of taxes, top 10% pay 71%, and bottom 40% pay nothing. With the "earned" income credit many on the bottom actually are paid by the federal government for gracing this nation with the benefits of their citizenship.
With the Earned Income Tax Credit many of these patriots even receive handouts by the federal government, taken from the rest of the chumps who pay taxes. When a large percentage of the population has no vested interest in the fiscal solvency of the state, they are prone to demand increasingly irresponsible programs until a crisis forces change. The Romans called the crisis "civil war" after which a dictatorship was established.
An unconstrained Democracy that fails to safeguard property rights will always tend to force a minority to pay the bills for the majority. Right now we have 60% of the population forcing 40% to pay the bills...why not make 1% pay for the other 99%?
Civilizations seem to have a fairly well-defined lifecycle. From initial growth there follows a period of properity up until citizens realize they can vote themselves gifts from the public treasury. British historian, Alexander Tyler, says "the majority will always vote for the candidates who promise the most benefits...with the result that every democracy will finally collapse due to loose fiscal policy."
When something is free there is little incentive to limit consumption or portion resources for long-term health. Free Big Macs at McDonald's would likely lead to obesity and a heartattack within a decade. The same goes for paying taxes, which are how we pay for the benefits living in a governed society affords. When we are not responsible for paying the bills that government generates we do not care so much for how much money is spent.
Everyone derives benefit from having a stable government. Whether you are middle class, rich, or extremely poor, there is relative advantage to living in our society. Each person must be required to pay his or her proportionate share. This will ultimately mean the wealthy will pay most of the bills - that is fine, they derive the most benefit from secured property rights - but even the poorest of us must be required to contribute something. The idea of being exempt from taxation and to actually get a paycheck at the end of the year for simply existing is absurd and potentially disastrous.
My Articles Directory Free Web Content Provider
About the Author
Robert Viglione is a writer, investment fund manager, and real property broker. A former military officer, he is passionate about promoting political and economic freedom. You can see more of his work on The Freedom Factory.
Copy and Paste Article Code.
Remember: The article body, title, author bio and links may not be changed or removed. By publishing this article, you agree to all the terms in our Terms of Service.