Saturday, May 20, 2006

Anti-tax cut silliness

The great debate over reducing taxes ends up with the yap of "tax cuts for the rich." The left seems to be unfazed by real data that the rich pay a higher percentage of the total tax burden and the more on the lower end pay no taxes. We seem to want to make sure that the rich pay more taxes because they should feel great guilt at having money.

Never mentioned is the simple fact that if you feel guilty about the amount of taxes pay and think you should pay more, then you can do so. For simpletons like me, it seems very easy to increase your taxes by simply not taking all allowable deductions, doing your 401k contributions as "after tax," and for the rich who hire accountants to avoid taxes, simply putting their money into things that take more taxes.

We don't hear the rich folks who get elected by railing at "tax breaks" for the rich, offering to pay more in taxes for themselves. It is always someone else who should pay more. No one every askes the likes of Kerry, Reid, Pelosi and Dean if they are paying more than the minimum required taxes.

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