Topic: progressive tax
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March 8, 2013 at 3:30 PM
Rich families will continue to thrive
What’s wrong with developing a progressive national income tax [“Tax bills for rich families approach 30-year high,” seattletimes.com, March 3]? Members of the middle class and the poor cannot fathom the amount the superrich pay to the federal government each year — the superrich see tax rates shocking to the middle class and poor.
What the article misses, though, is the impact those rates have on the people affected by them. A higher tax rate to a member of the superrich may be a lot to a member of the middle class or poor, but it still leaves more than enough for the payer on which to live and thrive. A tax system in which everyone pays the same or similar rates creates a system disproportionate and even burdensome to the middle class and poor.
Members of the superrich did well for themselves. They should be able to benefit from their success. Despite scare tactics from those against a progressive system, the superrich will continue to invest, create jobs, do business and live here even while facing a higher rate. They’ve paid even higher rates in the past, and this country prospered then. There is no reason that will not continue to be the case.
–Katie Rose, Tacoma
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