by Ray Newman, radio and television commentator, attorney, educator, author

Friday, June 4, 2010

IT ISN'T FAIR

A few days ago, Hillary Clinton volunteered that "the rich don't pat their fair share of taxes". She's right. They don't.

* the top 1% income earners, paying at a higher rate on greater income, pay 33% of all income taxes paid. Considering they get the same government services as the rest of us do. The top 10% pay 65% of all income taxes collected, the top 50% pay 96%. That ISN'T FAIR, is it?

* In 2009, 45% of an estate in excess of 3.5 million dollars was payable to the government in the form of estate taxes. In 2011, the rate will be 55%. That ISN'T FAIR, is it?

* because they buy more and give away more, because they own more valuable real estate, the rich pay significantly greater sales and gift and real property and school taxes than the rest of us do. That ISN'T FAIR, is it?

The question is often asked, "Who were the first philosophers?". The answer is: primitive cavemen, who expressed their inately known philosophy in the club each carried: "I am free," it bellowed, "I have a right to live my life as I choose, the animals I have captured are mine to eat, and if you seek to take what is mine, you will feel the strength of my philosophical beliefs."

Time for modern man to return to his primal roots.

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