Tyranny Of The Tax-Exempt
By Dick Morris
January 7, 2009
Page 2 of 2
Of course, the shift in tax burden also mirrors the incredible increase in incomes of the wealthy in the last 30 years - the top 1 percent earned only 8 percent of the total national income in 1980; now it earns 22 percent. And the poorest half has seen its share of national income fall from 17 percent in 1980 to only 12.5 percent today.
So it is both fair and sensible to give the poor a tax break and to draw the bulk of federal revenues from the rich. But to exempt the bottom half - a majority of the voters - from paying any taxes and to award them refund checks instead would dangerously alter the fundamental balance of national politics. For the economically well off, it could effectively become taxation without representation - which, as the founders of our nation warned, leads to tyranny.
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Note -- The opinions expressed in this column are those of the author and do not necessarily reflect the opinions, views, and/or philosophy of GOPUSA. >> Back -- Page 1 2
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