Tax Burden

With the left's class warfare in full force, it's a good time for a refresher on how out of skew the tax burden is in this country. The liberals, in their infamous strategy of incrementalism, have done an excellent job of shifting the bulk of the tax payments to a minority of people, who are easily ganged up on.

A few months ago, Rush Limbaugh added a pie chart and links to detailed statistics on this point on the bottom of his main web page. He swears that it will stay there for the next 300 years to make sure this imbalance is not forgotten. Another good explanation of this persecution of the evil rich, with some handy charts and stats, is this article by William P. Kucewicz

Jonah Goldberg makes a good analogy of shared sacrifice between the taxes in this country and the military.

To top things off, there is no better example of how vulnerable we can become by relying on a small number of people to carry the load than what is happening in the PRC.

Proving that one person's blessing is another person's curse is this story about the uneven tax burden in Washington state. Having no state income tax, a larger share of revenues are generated by sales taxes. Since poorer people allegedly pay a higher percentage of their income in sales tax, the argument is that the state's reliance on that places a disproportionately high share of the overall tax responsibility on people in the lower income levels. This is obviously an attempt to start the ball rolling to establish a state income tax so that the super evil residents of that Left Coast state, such as Bill Gates, will be forced to shoulder a larger portion of the tax load.

KMK
- posted by Kerry M. Kerstetter, MBA~CPA~ATP~ATA @ 1/12/2003 09:28:00 PM Send this post: