High-income earners pay a higher rate of tax than people on low incomes. So why is it unfair, as Kim Beazley argues, that high-income earners receive a larger tax cut?
An analogy: your house and your neighbour’s house are both burgled. You lose a television. He loses a DVD player, microwave, his collection of Chomsky memorabilia (it’s an inner-city house), and a unique framed Leunig depicting Mr Curly’s pedophilia arrest. Would it be unfair if police were to return all of this fellow’s belongings, and you were only to get back your 24-inch Sony?
Tim Blair, “Simplistic right-wing greed justification attempted”, Road to Surfdom, 2005-05-12.
[H/T to Samizdata, both for the link and for their title on the post, which I’ve purloined.]
May 19, 2024
QotD: Taxation and theft
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