Walter Williams has a great piece on what’s wrong with a tax system which allows an increasing number of people (almost 44%) to pay no taxes. He says:
You might ask, “Why?” In general, I’ve always held that a tax cut for anybody, at any time, for any reason is a good thing because it keeps more of our earnings in our pockets and out of Washington. But there’s a problem. Removing so many Americans from federal income tax liability contributes to the political problem we’re witnessing this election: class warfare and the politics of envy.
When 122 million Americans are outside of the federal income tax system, it’s like throwing chum to our political sharks. These Americans become a natural spending constituency for big-government politicians. After all, if you have no income tax liability, how much do you care about how much Congress spends and the level of taxation?
It’s a great piece; go read it.