Is it time for the Wealthy to Pay their fair Share of Taxes? Seattle Thinks So

capitalism

Washington is one of seven states without a ‘state income tax.’ My state of Nevada is also one of this unique group. However, the city council in Seattle has passed a measure to require those individuals who make more than $250,000 each year to pay a 2.25 percent state tax. They admit that it is a measure not only to raise the city’s revenue, but also to open a broader discussion about the need to force our wealthiest citizens to pay their fair share of taxes.

The council is “going to unanimously adopt an illegal income tax that has no hope of taking effect and will waste taxpayer resources on litigation the city is sure to lose,” said Jason Mercier, who directs the center for government reform with the Washington Policy Center.

Mercier is undoubtedly correct, however, this decision by the city council points to the growth of revenue producing opportunities within the city, and the responsibility of those who benefit from the situation to pay their fair share of taxes as they profit from the windfall.

We have an increasing affordability gap between the have and have nots. The middle class is being squeezed as well. And one of the reasons is our outdated, regressive and unfair tax structure,” said Councilmember Lisa Herbold, who co-sponsored the measure.

This is a big step forward in Seattle but it’s also hopefully a big step forward for our state,” she said before the 9-0 vote.

What do you think? Should capitalists who benefit from our economic and political system pay their fair share of taxes for the privilege of living in a state or a nation which offers them such opportunities, and lives of privilege and luxury? Every other nation in the free world believes that this is an equitable situation. The fact is that most Americans pay too little income tax, business tax, and corporate tax, and are the prime reason why our nation’s national deficit is in the trillions of dollars.

Republicans and Trump continue to seek tax reduction for the wealthiest of Americans. This is not a surprise; Trump is a member of the exclusive club of 585 billionaires in the United States. Our elected officials in Washington are members of 10.7 million, millionaires who enjoy the privileged life most Americans can only dream of. This is not what America was meant to be.

If you believe as I do that America belongs to the people and not the government, take it back and refuse to vote for any Republican in 2018 and 2020.

Please re-post; thank you.

Op-ed by James Turnage

SOURCE

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