Over at The Constructive Curmudgeon, a highly tendentious post appeared in the last 24 hours entitled Facts on Taxes.
This is my rebuttal.
If the title of your post had been Opinions on Taxes, I would have not written this response. But you chose to call it Facts on Taxes. Can you please source the facts, with data and not the names of known partisans like Thomas Sowell?
I like to accompany the opinions I express on my blog with facts, as I did in a post called On The Fantasy That "Taxing Job Creators Is Wrong", which is my view on the myth that taxing "job creators" is wrong. Please read it, as it addressed the fallacies of your assumptions in this post.
Envy, by the way, has nothing to do with asking for the rich to pay a higher rate on some of their income. Progressive taxation is based on the assumption that it is fair for those who have more discretionary income to pay more than those whose income is barely sufficient to make ends meet. Not to mention the fact that the rich benefit more from public services and infrastructure more than low-income Americans, directly or indirectly.
Besides, for someone who believes in the "religion of the free-market", can't you see that a strong economy needs to leave more money in the pockets of those who are more likely to spend it--lower-income Americans--than in the pockets of those who are more likely to save it, or invest it--often outside of the United States?
Finally, if I hear one more time that "we do not have a revenue problem, we have a spending problem", I am going to throw up. It's just a talking point, a clever but mendacious one for the most part.
Of course we have a spending problem, mostly driven by elective wars and the greed of mega-corporations in the oil, banking, and health services industries. But we also have a revenue problem, created by George W. Bush tax cuts which were supposed to have "sunset" by now, and have been extended by the outrageously weak and inept President Obama. Or did you miss the news that revenues are at their lowest point in at least 50 years, if not since the Great Depression, and that top tax rates are at their lowest point since Eisenhower (with the exception of one of the Reagan Years)?
Ironically, remember, that President Obama was accused by his opponents of being the most liberal Senator when he was running, a lie easily born-out by his first 30 months in the White House. He is a centrist at heart, and has been governing from right of center. Of course, in a country where politics is dominated by right-wing extremists, governing from right-of-center still makes you look a liberal extremist, I guess. But compare Obama's policies with FDR's, Johnson's, and even Carter's, and you will see that he is a pro-business, pro-establishment politician. Far from being the socialist populist he has been depicted as by most of the media, he is a corporate socialist.