Fair Share

While fingers point over who is to blame for the recent U.S. credit downgrade, one talking point continually trotted out is we are in this mess because rich people don’t want to pay their fair share. Exactly what is “fair share”? Can this be quantified? And isn’t this the wrong starting question anyway? The question should be, “How much is needed to fund basic government services as specified by the powers reserved for congress in the Constitution”? The filter should never be, “We need to provide birth control for people so who do we find to pay for this”?


Evaluate the predicament we are in and most signs point back to egregious spending in areas the government should never be allowed into in the first place.

Let’s assume though, for sake of analysis, we need to assign a definition to “fair share.” I’ve asked many a person using this term what fair actually is. I never get an answer. Usually I get ignored or get a blank stare or a redirected question. Fair appears to be a floating term meant to change the conversation whenever more revenue is perceived to be needed. Fairness is also usually defined by the recipients and not the contributors. Fairness for how long and hard you make others work to pay for their own family plus the 50% who pay nothing in federal taxes is never even thought of.

I think most Americans, in fact I know most Americans, are a generous lot. We have no problem helping others in need. Remember Haiti’s earthquake and the $1billion+ the United States raised? The rub is when the government tries to be all things to all people. We’ve built up a government alter from which all with needs are supposed to seek. It’s becoming ingrained in our culture. Why would somebody “want to pay more” voluntarily when the expectation is somebody else (the government) will take care of the need?

Most of the rich as defined by the fair share crowd already pay close to 50% in federal, state, local & FICA taxes. They pay a lifetime of 6.2% FICA with no Social Security benefits of their own (taxed away) because they earn too much. They pay federal taxes when half the country pays none. If 50% isn’t fair, what percentage is? How much more work, stress, time away from family, and risk taking are expected of these people before they’ve paid their fair share?

The dialog needs to change in this country if we want our vibrant economy back. The 50% not paying tax now should be paying something even if it is 5%. They need skin in the game, especially since it would be human nature to vote for more entitlements and let somebody else pay for it.