Thursday, December 27, 2007

Open Taxes

As we approach the tax season the disparity of who pays more taxes will again raise its attention grabbing head. And as a group we howl... Beth-who-does-not-blog-yet, knowing my penchant for moral puzzles, sent me this link

BUSINESS | December 25, 2007
Professor Cites Bible in Faulting Tax Policies
By DAVID CAY JOHNSTON
The work of a professor at the University of Alabama Law School has prompted some other scholars to scour religious texts to explore the moral basis of tax and spending policies.
I found this to be an interesting read as well as a fearless assertion in light of the author's criticism leveled at her home state. Without offering the specifics the gist of the article is that there is a disparity between how much the poor pay and how much the wealthy pay in taxes.

Formal notation: There is a disparity between the amount of taxes paid by the wealthy and the amount paid by the poor.

[Firestorm Alert]

The issue of the disparity between the amount of taxes paid by the wealthy and the amount of taxes paid by the poor IS A SMOKE SCREEN!!!

It effectively prevents us from focusing on the real issue.
Changing my tax rate by a couple of percentage points either way will not affect my personal economic standing significantly. Changing the tax rate for the wealthy 10's of percentage points will not affect my personal economic standing significantly!

This disparity issue only serves to obscure what will actually affect my personal economic standing: Government Spending. What is the government doing with the taxes that it is taking from us, albeit inequitably.

Here... is this really good stewardship of our taxes?

Cost of the War in Iraq
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To see more details, click here.

480 BILLION as of this writing... Those monies invested in Education and Health Care would have a significant effect on my personal economic situation.

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