Progressive Tax Helps the Rich. Hurts the Middle Class
Ah yes taxes, that word we love not to hear. We all pay them in one way or another. Look at your phone bill. Glance at your electric bill. Buy something at the store. The real estate tax you pay for a piece of land or house you think you own. Try not paying the tax on it and you will see who really owns it. It won't turn out to be you. Even if you don't have a phone or use electric or own a home. Sometime somewhere and for some reason you will pay tax. The news flash here is that not only will you pay taxes you are responsible for. You will also pay taxes that are passed on to you when engaging in trade of any kind. You all may cheer when they say tax the rich or tax those mean corporations. Anyone who thinks that the corporations are not going to pass the tax costs along to you the consumer. Are living in a world that does not exist.
Taxes have been collected since ancient times. Everybody hates to pay them and looks upon those who collect them with disdain. Even if they are just doing their job. Jesus entering Jerusalem and being hailed on his arrival was also viewed by a tax collector. Only he had to observe from a tree lest he put himself with the masses on the ground knowing the possibility of being harmed was probable. He was the leach and parasite sent by the government with armed soldiers to collect the taxes levied. Most time he got his cut for doing so making himself part and parcel of the blood suckers that levied them. Making money from the boils of the people.
Well we all know that you cannot run a society without tax revenue. But it is the progressive income tax that is most odious of all taxes. First put into place by Prussia in 1853 and then adopted by the Brits and the French and the U.S. in 1913. It is a tax that in essence punishes success. The better you do the more percentage you pay. No doubt it was seen as good thing. By the wealthy and snobbish elite at the time. Those who had already made their money in times of no income tax at all. They had established themselves and created an American aristocracy. What better way to keep the rabble from getting to rich to fast and invading the society that they had already created for themselves. Or, if you will the, 500s or the hoi paloi, the elite, conspicuous consumers of Newport R.I. The occupiers of the North Shore of L.I. estates and the upper east side mansions of Manhattan. Or the conspicuous consumption symbolized by the palatial estates of Newport R.I. With names like Vanderbuilt, Roosevelt, Rockefella or Astor. All arriving in the New World well before the hordes of immigrants entering the country in the late 1800s and early 1900s. Heck this was a perfect way to keep them at bay. Insulating themselves from the ordinary folk. Who, if even they had wealth, would still remain uncouth. The progressive tax is with us still and after living out it's dual usefulness. Of keeping the rate of increased wealth of the unwashed masses at a moderate rate. And collecting revenues from those perceived as rich. Thus placating the rest of the population who's envy of the rich and well to do was always expected. Thus two purposes were served. Scrapping the the idea of equal treatment for all. Thus more money, more money, and more money for government to expand. The progressive tax structure stifles and smothers those who want to do better. It takes away those extra funds that help you to grow as individuals. Makes it harder to succeed. It stifles your ability to grow and prosper. Or to build the wealth that past entrepreneurs were able to amass prior to the instrumentation of the unfair tax system
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