Voters: Rich Already Pay Enough

taxes

Bring 'em down. ... (Photo credit: 401K)

I was excited to come across this article detailing American voters’ feelings about taxes on the rich, because it validates a lot of what I believe: the rich already pay enough taxes.

Congressional newspaper The Hill conducted a poll and found that 75 percent of likely voters believe that the right tax level “for top earners was 30 percent or below.” While I disagree with the 30 percent rate (that’s still too high, in my opinion), it’s refreshing to see that most American voters are viewing this issue somewhat rationally: top earners already pay a ton, and shouldn’t be the scapegoat for the horrible job our politicians have done.

I’m far from wealthy, but as with most people, I hope to one day reach that financial status, and if I’m ever blessed to be in that position, I sure as heck don’t want one third (or more) of my hard-earned money shipped off to a bunch of Washington goons who’ll no doubt misuse most of it. It’s sad that the American dream has gone from “getting what you want through hard work” to “getting what you want through hardly working”; I can only hope it changes back someday.

The answer to our economic troubles may not be easy, but it is rather simple: cut all the ridiculous spending that goes on in Washington, cut the salaries of politicians so they’re forced to have regular full-time jobs outside of Congress (as was the Founders’ intent), and enact a line-item veto so we can see precisely where each politician stands on every item that comes before them.

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2 Comments (+add yours?)

  1. drugsandotherthings
    Feb 27, 2012 @ 15:56:47

    To be fair though a couple points…

    It was a rather small poll- and contradicts many other recent polls on the matter.

    The company that did the polling- Pulse Opinion Research is linked to the GOP and is mentioned in mumerous scholarrly, peer-reviewed research papers on bias and manipulation in political polling.

    Looking at the data it appears those polled were cherry-picked. The very poor picked a low “highest tax rate” – while the upper middle class/lower upper class picked a much higher one.

    And of course- it ignores the broader question- not of maximum tax rate- but of plugging the loop holes that allow the very wealthy and corporations to pay far, far, below the “maximum tax rate” – a tatic the rest of us generally do not to get to employ.

    And I would say very few in our country understand just how great the economic disparity is. In my industry I for years have worked for the billionaires and multi, multi billionaires. People spending 20, 30, 75 MILLION dollars on their (2nd, 3rd, 5th) “Vacation home” a place they often see no more then two weeks every year, or three.And all too often- these are the very people who gambled with our economy, whose wealth came out of our pockets- and who have suffered none of the consequences.

    Reply

    • jasondrexler
      Feb 27, 2012 @ 16:03:56

      Thanks for pointing those things out. And I agree that loopholes giving added benefits to the already-wealthy (and not to the rest of us) need to be closed. Thanks for visiting my blog!

      Reply

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