From Mr Anson J. Glacy, Jr.
Sir, Following Warren Buffett’s lead, David Rothkopf lays out a case for increasing taxes on the wealthy (“American taxes must reconcile equity and austerity,” August 19). Yet nowhere does he discuss the ethics behind treating one class of citizens differently (the hideous wealthy) solely because of their economic position. After all, taxes are takings made at force of arms, so if life and limb are in jeopardy, a higher standard of ethics is required before committing anyone to that kind of prejudice. What about the principle of equal (not proportional or progressive) treatment before the law?
Mr Rothkopf should also consider that tax rates are “low” on the wealthy because society recognises that if private capital is left in the hands of the ones who earned it, it has the best chance of being managed well. Having witnessed the “debt ceiling” charade, can anyone truly believe that Washington should be the steward of even more of our precious resources?
Anson J. Glacy Jr,
Chicago, IL, US
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