The wealthiest households are paying tax at the lowest rate in 50 years, some paying just half of the Federal income tax that top earners paid in 1960. They are, of course, still complaining. Trump is very concerned for them. On the other end of the scale we were approached for help and advice some years ago by a poor immigrant lady whose income was $18,000 p.a and who had had a tax demand of $6000. Ouch! I am not suggesting that this is typical – I don’t know. But it helps to show how chaotic and unfair the US tax system is.
Only yesterday my wife was talking to a Latino lady who cleans houses for a living. She told us that Trump was great. He was going to reduce taxes for people like her. Halleluyah! “No”, my wife replied, “that isn’t correct. He has promised to reduce taxes for the very rich, in the expectation that they invest, create jobs and that the wealth trickles down to people like yourself.”
Of course, we have heard this canard many times before and people still fall for it. Actually, most of the tax breaks enjoyed by the super-rich go towards yachts and luxury items, or buying villas in exotic countries. There are some super-rich with hearts who do good things with their money, create foundations and fund good things in healthcare etc. But they are a minority. Most of them are represented by the sort of people in the Trump cabinet.
Why should the huge disparity in wealth between the rich and poor concern Epicureans? Because if you care about your fellow human beings, situations like this are bad for everyone’s peace of mind (except the greediest), and bad both for national morale and long-term political stability. Lobbyists have secured exceptions for the wealthy in national budgets, allowing them to use offshore tax havens and other scams dreamed up by the big accountancy firms. In return they fund the election expenses of politicians, who are effectively owned by them. This they call, tongue in cheek, “democracy”.
Sensible people believe in paying tax. Minimize it legally by all means, but if there is no tax system we have no roads , no schools, no police, no law courts, no food and drugs testing, no defense….I won’t go on. The anti-tax people are short-sighted, selfish freeloaders and their self-centered beliefs have nothing in common with Epicureanism, or Christianity if it comes to that.