But I'm even more surprised to see the ability of GOP to convince those towards the bottom of the food chain, who could otherwise only dream of ever joining the top dog club to pay less in taxes in percentage than they currently are, to go along.
I've always wondered if those at the bottom support, who buy in to the GOP party line that the wealth and rich deserve paying less as a percentage of their income in taxes, really think that this is fair, in the hope that one day they would be the one on that receiving end to reap the benefit. I also wondered if they ever consider empirical evidence of how unfair that kind of tax treatment, like the fact that "carried interest" income is treated as non-regular income, hence allowing it to be taxed at a much lower rate. Surely those in the top 1-2% who have been reaping these gains for years would not oppose to it. (Warren Buffet, the civic-minded billionaire who proposes the Buffet Rule to Obama's latest tax treatment change in the latest budget outline, certainly is in the minority.) For those who are currently paying the lion share of taxes in percentage, yet supporting and even advocating the current tax system to be extended, really know what's going on? What are they thinking, really??
Perhaps there are those who don't even understand what they're supporting. Or, maybe they can't comprehend the mountain of evidence arguing against what they're supporting. Those are ignorant folks that can otherwise be excused. But for those who know full well what they're getting into, yet continue to support a system that perpetuates the squeezing the rank-and-file like themselves, I seriously think it approaches insanity.
No comments:
Post a Comment