Thursday, July 17, 2008

Taxes: Round 2

This is a continuation of my thoughts on taxes from the last post. Take a look at the chart below from a 2007 report from the Tax Foundation. It highlights a Robin Hood type effect of the rich giving to the poor we have built into our system of taxation and spending in the U.S.
This chart shows that the top 20 percent (the rich) pay way more in taxes than they ever receive in government services/spending. On the other hand, the bottom 20 percent (the poor) get way more benefit from govenment spending than they pay for. Is that fair? Not for the rich. But that's the way it should be. I think most would agree. The rich have more so they give, the poor have less, so they get. It's not fair. It's right. Robin Hood knows it and so does the U.S Government (that's us).

2 comments:

TexasTwinsTwice said...

Nope--I don't think it's fair. We are taxed WAY too much in this country. Government should be very basic, and then people should be responsible for providing their own needs. We paid an astronomical amount of taxes last year--yet we are NOT ALLOWED to claim our adoptions as a tax deduction, nor will we be getting a stimulus check.

Stephanie said...

Hmm. The whole idea of government being responsible for achieving equality. I don't believe it is possible. Why? Alma 28:13

And thus we see how great the inequality of man is because of sin and transgression, and the power of the devil, which comes by the cunning plans which he hath devised to ensnare the hearts of men.