What I’ve said is that I would look at raising the capital gains tax for purposes of fairness. — 2008
My Take – “Fairness” is a concept for children. The only people over the age of 21 that I hear use the word “fairness” are politicians trying to whip up their political base against “the other”.
Let’s face it, some people are always going to think “it’s not fair” when someone has more than they do, or more than they think that person deserves. They believe that what others have and earn is not really theirs, but is owned by that amorphous entity called “society”. Through this belief, they justify taking that which is not theirs and giving it to those who support them.
Are taxes a necessary evil in our country? Yes they are. Should those taxes be paid by everyone? Yes they should. Should taxes only be collected to pay for those things that are actually the government’s responsibility? Damn straight.
But to decide that some of us, myself included, should pay more than others because we had the drive, ambition, and work-ethic to get the education/training we needed, work the low-paying jobs to get started, and worked our way up a few tax brackets is criminal. Even if someone has more because of an accident of birth, a single moment of genius that paid off big, or just plain dumb luck, what they have is theirs, not ours.
If the President wants ‘fairness’, he ought to start by not taking from the productive and giving to the non-productive. I have no problem paying taxes to fund those things that government ought to do. I object, usually quite vehemently, when someone says that I don’t deserve what I have and that I ought to give it up so that someone else doesn’t have to work as hard for their daily bread.
*Edited to fix a “hey, did I really say “drive, ambition, and drive” mess up.