Posts Tagged ‘interesting economics’

Although I am an opponent of excessively high tax rates, both because they can be unfair and because they can impact on our efforts to protect and support our families, there is ideological tunnel vision in this right-wing, libertarian Republican position.

Yes, success is in part the result of hard work and ability, the rewards of which are deserved. But I know that my individual success is also in part the result of good luck and support from others. Even more important, it could not have been achieved in the absence of the society of which I am a member. I have an obligation to respond more than proportionally because I have profited more than proportionally.

tterRecognition of such obligation is part of what I was taught as a child. It is essential to being a mensch: literally being a “man” but figuratively being a “human being.” I admit that I wish my top tax rate were lower. But when the recent tax reductions were enacted, I would have voted instead for decreases in the regressive Social Security taxes for lower income brackets. These are the brackets in which rent is a huge burden and in which medical and dental