Why taxing millionaires and billionaires is fair
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eve says:
Most Americans thankfully prefer fairness of process rather than fairness of outcome. There is plenty of research these days showing that disparities of wealth are a natural result of having a more educated population http://www.walla.com
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Sandra says:
Obama's tax policy is NOT modest. It is unfair to increase taxes on PEOPLE, Ms. Gandara, not millionaires and billionairs, as you describe it, but PEOPLE who do work hard to get where they are. Why should they be responsible for providing a "safety net for all?" The wealthy already carry a very proportionate burden of 35%. Ms. Gandara, why don't we tax you and all who believe like you 35% to take care of those less fortunate then you? The person working three minimum wage jobs who cannot afford healthcare for her family should not have a family to begin with. Responsibility and holding people responsible for the decisions in their own lives is what we need to promote - not irresponsible acts like having childeren when you cannot afford to do so and then expect the rest of us to pay for them. Ms. Gandara, what are we parents for if not to better our kids future? That is why inheritance tax is disgusting...it is the Govt taking away what parents have worked so hard for to pass on to our kids. Immigrants from all over the world in every Country are in line to come to the USA - why? I don't see Americans (not even those who hate and put down our Country)waiting in line to go to another Country. Whether you (and those who believe like you) like it or not, the USA is still the best Country. With all due respect Ms. Gandara, if you don't think so, please feel free to start the line to leave, I'm sure the wait is not long to enter Western Europe.
Alan says:
Most Americans thankfully prefer fairness of process rather than fairness of outcome. There is plenty of research these days showing that disparities of wealth are a natural result of having a more educated population: http://www.nytimes.com/2007/01/25/business/25scene.html?ex=1327381200&en=47c55edd9529cae7&ei=5090&partner=rssuserland&emc=rss That Income Mobility in greater than most people thing: http://www.house.gov/jec/middle/mobility/mobility.htm That Rich people do indeed tend to earn their money: http://economist.com/displaystory.cfm?story_id=7055911 and that inheritance taxes would do nothing against the things that tend to make children of rich people rich, which is now viewed mostly as genetics and parenting: http://www.umass.edu/preferen/gintis/feldman.pdf Living in a country built on an idea is important to a lot of Americans and feeling that protecting liberty even at the expense of what some people would consider social progress is important. Taxes are an affront to liberty and not seeing them as such is what is ugly.
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Election analysis and personal commentary by UCLA scholars, unfiltered.

