Unfair Taxes and Poverty

Mar 8, 2008

Forbes named Warren Buffett as the richest person in the world as of March 5, 2008. Personally, I admire Warren Buffet for a variety of reasons. Namely, he behaves in a down-to-earth way, and he has earned the title of philanthropist. Last year, he pointed out that he pays a smaller percentage in taxes than his secretary. He also has pointed out that he believes the CEOs of all the top companies pay less in taxes than their secretaries.

Mainly, the rich people do it because they get to just pay a smaller “capital gains tax” rather than the regular income tax that most workers pay.

Ironically, workers are not really making an income if you ask me. Out of desperation, the typical working person has to sell his or her labor at extremely low prices. The typical working person is not profiting, but just desperately trading his or her labor away for whatever low amount he or she can get from the powers that be.

The lazy usurers who actually profit pay a smaller tax rate!

I think many working-class people believe taxes can help them regain some political standing. But I believe the rich can always manipulate the government to use it in their favor. As a result, in theory, I oppose taxation.

I recommend that the working-class demand tax relief.

Additionally, for people who feel some taxes remain necessary, I suggest taxing property ownership rather than income paid for labor. Let me explain why.

Unfair economies mainly oppress the working-class by letting the upper-class monopolize control over the natural resources. By claiming to own more than their fair share of the natural resources, the upper-class can make money by making the working-class pay them for permission to use the natural resources.

Taxing property ownership instead of income paid for labor would possibly help hinder the monopolization of natural resources by the upper-class. It would work most effectively if the tax only existed for people who “owned” an excessive amount of property, but not those who only “own” less than their fair share. For example, let’s not let the government tax the average working person who may purchase a cramped house on a small plot of land with a mortgage.

In theory, I do not support any form of taxation because I do not trust government with that power. However, as a matter of practical reform, I much prefer taxing property ownership and usury than taxing income paid for labor.

Remember, I think we could end poverty by giving all people fair access to natural resources. Poverty exists, in part, because working class people have to pay just to use natural resources to get the fruits of their labor. And that money flows to an unproductive ruling class. In other words, the so-called “owners” of the land, machines, oil, and other natural resources demand a huge cut from the workers’ production. And that is, I believe, the main reason why wages are so low. (Lack of education is the next reason, but working-class families could afford more education if they had higher wages.)

Whatever we do, we need to alleviate the unfair economic burden put on the working-class. As I have said before, that unfair economic burden causes poverty in the so-called first-world.

What do you think? Do you agree that it would help to tax property ownership and usury instead of income paid for labor? Post your responses to this blog post and those questions in this thread at the World Hunger and Poverty Forums.

If you enjoyed this post, please consider subscribing to the RSS feed, share this article on Facebook, Twitter, or your favorite social bookmarking website, and most of all please post a comment below!

Posted by | Categories: American Poverty |

No Responses so far | Have Your Say!

Comments are closed.

Children suffering from Poverty