Monday, October 20, 2008

The dilemma of Joe the plumber....

Would you support government raised tax on firm that earn over 250000 a year so that company make profit less than that can have a tax break?
The answer is yes if you know you cant make it, the answer is no if you know you will make it.

So problem, when do you know whether you will make it or not? When the economic is doing well, most people will be optimistic about their future, hence they wont support the plan. But when economy is going down, people will become pessimistic, hence they would support the plan.

Going back to the root of the problem, should the people who work hard to earn more, pay more tax and bear more social responsibility? I am not going to judge it , but some point of view....

First, the design of capitalism system is that people who work hard will earn more than the others. and hence, as a results, the rich appeared to be using more public resource ( ie, police, road, government service, etc) . Shouldn't they pay more?

Second, by contribute more , the rich help to create a better and fairer platform for the poor. So that they can have a same starting point, to avoid polarity in wealth distribution. History show that when wealth distribution are not equal, revolution tend to occur which harm the rich. Hence, by paying more, the rich are actually insuring their properties.

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