Tuesday, October 21, 2008

Taxes

Probably the main separator between the democratic and republican parties in the United States. It's one of the most important things in our entire country. I pays for our roads, our schools, our employees, and livelihoods. This also makes it one of the most controversial.

Basically the question is, should a wealthier person pay more taxes than a poorer person?

The wealthier person has more money, and therefore would be better qualified to help out the poorer person, by paying more money themselves. It is the best way to help people on welfare who are struggling just to get food on the table. It plays back to our original idea of fairness and goodness. Take from the rich to give to the poor. Seems fair.

Or...

Everyone pays the same taxes. The ultimate idea of fair. Because a person is "lucky" enough to be successful doesn't mean they should suffer for it. These people also end up giving more money to charity than any other group of people, and therefore help just as much as they might be if they where paying more taxes. This plays back to the original idea of a pure democracy, where you don't pay more money because you just happen to have more. Seems fair.

But what is better?? This idea has had the democratic and republican parties ripping at each other's throats since the idea of parties started. They both have merit, and both seem fair, but in different ways. They both touch back to original ideas that shaped society, like the century old hero Robin Hood and the driving force of not only our country, but our whole foreign policy, democracy. And both have weak points. The more taxes seems like spreading the wealth, which some see as a mild form of communism. The equal taxes seems selfish, why wouldn't you be okay with helping people? There is no answer to this question, and basically, it will keep switching as long the political parties switch control of the white house. But just because there is no answer doesn't mean you can think of one.

Maybe there can be a compromise? Like an equal income tax. The tax is technically equal, but if you make more money you just happen to be paying more money on taxes. But neither party wants to think of a compromise because they think their way is correct. So how will this election season effect the taxes? The potential for the white house to turn blue may bring interesting results for the country. But who knows, maybe that's what we need to get us out of this hole.

1 comment:

OC said...

Jackie,

This is a remarkably even-handed post on a volatile issue. Like Mr. B brought up in class, I think the word "lucky" is a loaded word -- often used as code for keeping advantages with the advantaged.

One compromise you might be interested in would be taxing inheritance but not income. This would reward "success" (whatever that is) and not reward "lucky heirs." It's sometimes called capital gains tax but in order to spin the message, different sides call it the inheritance tax or the death tax. (And, yes, it's also a big bone of contention between the parties).