Tax Avoision

The BBC has an interesting piece where the author thinks that we like being taxed more than our billionaire counterpart.

The following quote got me thinking. The BBC refers to it as "what once seemed like a fringe argument."

From the Greeks through a string of eighteenth and nineteenth century philosophers, there was a sense that there should be "equity" in the taxation of different groups.

Today, this philosophical basis for proportionately heavy taxation on the rich compared with the poor is debatable.

The counter idea, that taxes represent an unfair confiscation by the state, has grown along with the view that taxing the top penalises success.

I'd like to think that it really is still a fringe argument, but there are enough uncompassionate me-centric people in this country for me to realize that it's not.

Tell me how taxing you 30% instead of 22% discourages success. You're still making several gazillion dollars, you're paying some fancy-pants lawyer to hide your dough,and you'll actually only pay 15% instead of 30% anyway. Is it really that important to you, to keep your grubby little fists around your grubby little dough, to see your country's children suffer? How about those proud Americans who worked for so many years and are set to retire. Preserving your gazillion is worth more than making sure that they'll receive their $20K a year? You know, if you gave back your tax cut, there'd be no "Social Security Crisis."

I'm in favor of tax reform. Let's just reform the system so that the ultra-rich people cannot avoid their taxes.

Don't forget, greed is one of the seven deadly sins.