Yes, those who make the most income pay the most income taxes. But income is not the only thing that is taxed. If you look at sales taxes, property taxes, sin taxes, gasoline taxes, government fees, and all the other forms of taxation we pay, it's clear that the poor pay the highest percentage of their income in taxes of all of us. The middle-class is not much better off because we pay income taxes too (and our income taxes hurt us a lot more than income taxes hurt the wealthy).
I should also add that the government could tax wealth if it wanted to. While I am not sure that this is a good idea, it has been dne before and it is being done now. Property taxes, for example, are a form of "wealth" tax.
-Laelth
Unfortunately most liberal zealots (like yourself) miss one very important consideration in their grand schemes to "create fairness", through progressive taxation, demonization of the rich, and redistribution plans.....the simple fact that
wealth is "portable"........case in point: whenever my wife and I were certain that the current group of liberals/progressives/socialists were going to come to power here in the US, a substantial portion of our "wealth" was simply and easily transferred elsewhere, out of the jurisdictional grasp of the US government.
Many individuals and corporations have already also done so, or are now in the process. Even Obama's buddy, the CEO of General Electric, said recently in a conference in Rome, that his company was rapidly transferring their "wealth" out of the reach of the US government, and that the present administration could only be described as the "enemy of private enterprise". Simple economics will dictate that the jobs will follow the "wealth".
Perhaps the best example that I can cite of the effect of rampant "liberalism", and the total failure if such policies is the City of Detroit. I went to undergrad school in the area in the sixties, and for the most part, Detroit had a vibrant economy, and was overall a fairly decent place.......in the intervening five decades, the effects of unions, affirmative action, welfare, corrupt liberal politicians, and an ongoing desire to continue to feed billions in taxpayer dollars into one failed effort after another yielded what can only be described as an area that is akin to most cities in third world shitholes around the world. The worse crime, is that even now, they refuse to admit that their efforts have failed, and continue to cry and whine about the "poor", and more taxpayer funding is needed to support them.
The "poor" will always be with us......making them wards of the state does nothing to improve their overall lot. My parents and grandparents lived through the "great depression", and were dirt poor during that period.......there were no "social safety nets", perpetual unemployment checks, section eight housing........they did what was necessary to survive, and in that survival, became fiercely independent, and determined to succeed and prosper, which they later did. Government programs and abusive taxation to create "fairness" were not involved, and America emerged as a stronger nation as a result.
Corporations are not "villians", nor are they unlimited sources of usurpable funds to be confiscated by politicians for redistribution to the masses.......they are entities designed to make products and services, and in doing so, provide profits for their owners and stockholders. Corporations do not have "consciences", and are not designed to have "empathy" for political causes.....efforts to make them do so, will only result in their migration to areas that will allow them to operate in the manner that THEY choose to do, to minimize the meddling of governments.
Ultimately, liberals will have to come to grips with the fact that in order to have an "economy", jobs, products and services, companies are essential, and they are going to require the latitude to accomplish those goals.
It is said that "nature abhors a vacuum", and if the current crop of liberals/progressives/socialists in government creates one for business here in the US, it will simply be satisfied elsewhere......and rightly so.....we all see how well the extension of these policies to their logical conclusion is working out in countries like Venezuela, don't we.......
doc