Is it fair that some of Mr. Obama's largest campaign contributors received federal loan guarantees?
President Obama has frequently justified his
policies—and judged their outcomes—in terms of equity, justice and
fairness. That raises an obvious question: How does our existing
system—and his own policy record—stack up according to those criteria?
Is it fair that the richest 1% of Americans pay nearly 40% of all
federal income taxes, and the richest 10% pay two-thirds of the tax?
Is it fair that the richest 10% of
Americans shoulder a higher share of their country's income-tax burden
than do the richest 10% in every other industrialized nation, including
socialist Sweden?
Is it fair that American corporations
pay the highest statutory corporate tax rate of all other industrialized
nations but Japan, which cuts its rate on April 1?
Is it fair that President Obama sends his two daughters to elite
private schools that are safer, better-run, and produce higher test
scores than public schools in Washington, D.C.—but millions of other
families across America are denied that free choice and forced to send
their kids to rotten schools?
Is it fair that Americans who build a family business, hire workers,
reinvest and save their money—paying a lifetime of federal, state and
local taxes often climbing into the millions of dollars—must then pay an
additional estate tax of 35% (and as much as 55% when the law changes
next year) when they die, rather than passing that money onto their
loved ones?
Associated Press
Is it fair that Treasury Secretary Tim
Geithner, former Democratic Senate Majority Leader Tom Daschle, former
Ways and Means Chairman Charlie Rangel and other leading Democrats who
preach tax fairness underpaid their own taxes?
Is it fair that after the first three
years of Obamanomics, the poor are poorer, the poverty rate is rising,
the middle class is losing income, and some 5.5 million fewer Americans
have jobs today than in 2007?
Is it fair that roughly 88% of political contributions from
supposedly impartial network television reporters, producers and other
employees in 2008 went to Democrats?
Is it fair that the three counties with America's highest median
family income just happen to be located in the Washington, D.C., metro
area?
Is it fair that wind, solar and
ethanol producers get billions of dollars of subsidies each year and pay
virtually no taxes, while the oil and gas industry—which provides at
least 10 times as much energy—pays tens of billions of dollars of taxes
while the president complains that it is "subsidized"?
Is it fair that those who work full-time jobs (and sometimes more) to
make ends meet have to pay taxes to support up to 99 weeks of
unemployment benefits for those who don't work?
Is it fair that those who took out responsible mortgages and pay them
each month have to see their tax dollars used to subsidize those who
acted recklessly, greedily and sometimes deceitfully in taking out
mortgages they now can't afford to repay?
Is it fair that thousands of workers won't have jobs because the
president sided with environmentalists and blocked the shovel-ready
Keystone XL oil pipeline?
Is it fair that some of Mr. Obama's largest campaign contributors
received federal loan guarantees on their investments in renewable
energy projects that went bust?
Is it fair that federal employees receive benefits that are nearly
50% higher than those of private-sector workers whose taxes pay their
salaries, according to the Congressional Budget Office?
Is it fair that soon almost half the
federal budget will take income from young working people and
redistribute it to old non-working people, even though those over age 65
are already among the wealthiest Americans?
Is it fair that in 27 states workers can be compelled to join a union in order to keep their jobs?
Is it fair that nearly four out of 10 American households now pay no
federal income tax at all—a number that has risen every year under Mr.
Obama?
Is it fair that Boeing, a private
company, was threatened by a federal agency when it sought to add jobs
in a right-to-work state rather than in a forced-union state?
Is it fair that our kids and grandkids and great-grandkids—who never
voted for Mr. Obama—will have to pay off the $5 trillion of debt
accumulated over the past four years, without any benefits to them?
Mr. Moore is a member of the Journal's editorial board.
No comments:
Post a Comment