The rich get richer and the poor get poorer. Well, that seems to be relatively true, but let's not be too hasty in assigning blame.The press reports in depth on tax breaks the upper class have collected under the Bush Administration. How dare the government favor the upper class while the lower class struggles to make ends meet. We should all be treated the same. Equality for all men, right? Wrong.
The Internal Revenue Service's outline of the 2007 Federal Tax Rate Schedule reveals what many choose to ignore. Equality doesn't exist in our tax system, but it isn't the lower class that gets slighted. The rich is pulling the weight of the country. Not only do they pay dollar for dollar more than the middle or lower-class Americans, but more importantly they pay a higher percentage.
In essence, this means we financially punish the wealthy for their success. If America ever implemented a flat income tax, the economy would crumble faster than you can say...quit whining.
The wealthy not only own businesses that create jobs for the lower classes, but they hold the country above water economically.
So, the next time you want to scoff at a millionaire, shake their hand instead and thank them for their contribution to America.
