Why taxing millionaires and billionaires is fair

I note with consternation and some degree of frustration with our education system that the Republican candidates are evidently able to frighten (or at least put off) voters by using the term "distributing wealth" in reference to Senator Obama's proposed tax policy. They refer to it disparagingly as "socialism." Obama's proposed tax policy protects (and even lowers the taxes of) the lower and middle classes while modestly increasing the assessment on the wealthiest among us. Many American voters evidently believe that it is unfair to increase the taxes of millionaires and billionaires in order to provide a social safety net for all.
 
This sense of unfairness seems to emanate from some corollary to a belief in the American Dream, that the wealthy deserve what they have (and should not be required to carry a proportionate burden) because they "worked for what they have." (This suggests that the person working three minimum wage jobs and who cannot afford health care for her family isn't working hard enough. Otherwise she would be wealthy too.) Of course the same individuals who hold this belief also tend to oppose inheritance taxes that would help to ensure that whose with wealth did indeed earn it and not just inherit it. There appears to be a mistaken impression afoot in this country that the US affords its citizens opportunities that are the envy of the world.
 
Unfortunately, Americans are poorly educated about what goes on outside our own borders. A member of the working class is more likely to achieve the "American Dream" in most western European countries than in the U.S., where social mobility has been declining for decades. Citizens are also more likely to be able to send their children to college where they will earn a degree in about 15 other competitor nations than in the U.S. And this is intimately related to the fact that these countries, through tax policies, do not allow the huge disparities in wealth that exist here.
 
How did we get things so backwards that "distributing wealth" turned into an ugly concept and enormous disparities in wealth — in even the ability to provide the most basic aspects of life for one's family — is something to be protected? Do we need to revisit our civics curricula, or do we just need to teach our kids more about social policy in the countries where their peers are faring much better than they?
 
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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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