Equitable Tax increase a Must

We must dispel the myth that all government involvement in our lives is somehow detrimental to society's wellbeing. We must correctly elucidate that the post office with all its problems works very well, Medicare works very well for the elderly, Medicaid for the poor, and social protection for the retired and disabled.

The post office's problem is genuinely solved with minor efficiency adjustments to delivery and justifiable rate increases of a few services which are comparatively very reasonable relative to comparable services by national and international competitors. While it is true that there are major funding problems with the above mentioned social programs the explication again is not very difficult if we were debating facts versus assertions masquerading as facts.

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The reality is that given the services we all want from government we are under taxed. We could get rid of every congress person's pork or pet task and it will not make a dent. As a country we have three choices. We can keep resisting tax increases while demanding government services, we can dramatically sacrifice the services we expect from the government and keep taxes as is, or we can get honest and pay taxes consummate to the level of assistance we are all demanding from government.

The first option will have us continuing to borrow from foreign countries and from our wealthy which will cause an ever expanding part of our tax dollars being transferred to the wealthy and to foreigners in the form of an ever expanding interest on our national debt. The second option would be painful to many especially our ever growing working poor. The third option is the only option that over time is sustainable.

We must raise taxes on the upper 5% of the population. The middle class is tapped out. This is not a class issue but a mathematical issue. Most opposing this stance are rooted by their ignorance in the mathematical distribution of the country's earnings and wealth. Here are some striking numbers that should elucidate why there is no other way to have an equitable tax system. In 2004 the top %1 of Americans owned 34% of the country's wealth, the top 5% owned 59% of the wealth, the top 10% owned 71% of the wealth, and the top 20% owned 85% of the wealth. It has come to be substantially more inequitable since. Today the top 1% owns more wealth than the bottom 95% in this country. These numbers are all verifiable at the census website that keeps statistics based on tax returns and other fact convention methods.

For those who have the false belief that it is somehow unjust that the more wealthy should have a larger tax burden must understand that the excessive exponential growth in wealth by the very wealthy has nothing to do with growth productivity, or more work but from the flawed produce of our economic theory that rewards the movement and appreciation of capital more so than an honest day's work, productivity, or innovation. In other words if one inherits 100 million dollars one will never have to work, innovate, or supply whatever to community on the march to billionaire status. Such a theory is mathematically unsustainable.

The false belief that taxing the wealthy a bit more stifles economic growth is intellectually dishonest. Economic action is carefully by the speed and amount of money being spent. Tax breaks for the wealthy does not warrant that taxes not paid or invested would be spent. Taxes collected by the government are always spent thus generating demand and investment from said growth economic activity. That is the unlikeness in the middle of trickle up and trickledown economics. Trickledown economics hopes the wealthy will allow some of their bounty to reach the masses while trickle up economics allows the masses to originate a democratic demand.

A democracy requires a continually educated & inquisitive population less our inability to look when we've being had. Apathy is the enemy. Real earnings has not gone up much in the last 30 years for the middle class. The results of the last 30 years of tax cuts are in and we've been had.

Equitable Tax increase a Must

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