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  • Essay / The Lack of Justification for Raising Taxes on the Rich

    Raising taxes on the rich is morally and pragmatically unjustified. Everyone has the right to keep the fruits of their own labor, and asking them to give up more than what is necessary from their basket is truly unfair. The “Founding Fathers” never intended to create a nation where its citizens would pay nearly half of what they paid. won for giving everything to the government, such a system of taxation. So why is this justified in our legal empire today? The majority of Americans favor making people who earn more pay more in individual taxes. On the other hand, I will refute this assertion and assert that the “rich” already pay more individual taxes than the lower classes. “The rich don’t pay their fair share” is probably one of the most common myths in the United States. policy. Why not check out the hard facts and statistics on this theory to clear things up. Statistics show that the taxes paid by the bottom 40% of income earners are about 6% of taxes, while the top 40% pay about 85% of taxes, or about fourteen times that percentage. Program...