On Tax Day consider some basic facts. The wealthiest 1% of the taxpayers pay 34% of all federal income taxes. The top 50% pay 96% of the total bill. This means that the least wealthy 50% pay almost nothing. In short, the income tax system soaks the rich. In the name of justice, the President, Congress and the American public should be demanding a tax cut that lowers the tax bill of the wealthy.
But the opponents of tax cuts do not want justice. They want redistribution of wealth. They want to confiscate the income earned by the wealthy and give it to people who have not earned it. They want the rich--which includes the most productive people in society--to be the servants of the poor.
Writes Dr. Locke in On Tax Day Thank the Rich and Support Lifting the Tax Yoke off Them: