this post was submitted on 16 Apr 2024
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Data is Beautiful
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By this logic why not just tax high income earners to the point that they make the same as low income earners? After all, they have more money they can part with as you state. Just offering to blindly pay more tax because uncle Sam needs more missiles is a really stupid argument. It leads to gross over spending and negligence. I worked for a government agency for many years and every year they would buy millions of dollars of stuff that never made if off the pallet just because they needed to spend their budget so they got it next year. Not with my money, no thanks.
There's two facets to consider. -Is government spending well managed, and if not, what to do to improve it? You may have some fair points there
-To the extent government spending is reasonably required, how to handle paying for it? On this, you overextend their point about who can afford. Someone making $30k/year and trying to get by can't really spare any money. Someone making $500k/year would still have crap tons of money even paying $200k/year in taxes. No one is proposing that making more should make it so you take home less than the low income person, or even close to the low income person, just that the proportion that can go to government comfortably increases.
I don't disagree with you there. I made that very same point. And that's the answer to your question, as well as part of your previous statement. We're still mostly a capitalist society, so you get to reap the rewards of your income. But we have socialist programs too, so those who can bear more of the weight do so.