Thursday, October 22, 2015

Thomas Sowell — What Democrats Mean by ‘Paying Your Fair Share’

Thomas Sowell, on why soaking the rich schemes never work.




The National Review:

At the recent televised debate among candidates for the Democrats’ nomination for president, Hillary Clinton declared that “the wealthy pay too little” in taxes and “the middle class pays too much.”
 
Some people might wish to argue about whether that is true or not, but no rational argument can be made on either side of this issue, because the words used are completely undefined. Nor is Hillary Clinton the only one who talks this way.
 
It is one of the many signs of the mindlessness of our times that all sorts of people declare that “the rich” are not paying their “fair share” in taxes, without telling us concretely what they mean by either “the rich” or “fair share.”

Read the full article HERE.