10 April 2016

The price of civilization

I do consulting (legal writing) and earned more doing that last year than I anticipated. Can't complain. I have a very modest retirement pension. No complaint. I'm fortunate enough to have some investment income, although I don't actually see any of it to spend. That's for later. I'm deferring Social Security till "full" retirement age, 66 for me. (Born 1953). My tax bracket is actually pretty fair and reasonable for people at my modest income level. And I do nothing to try to take exemptions or deductions that I'm not 100% entitled to. I believe in a role for government and that taxes are the price of civilization as Oliver Wendell Holmes Jr said in the 1920s. So when I found that my federal and state income, estimated 2016 first installment, and self-employment taxes added up to thousands of dollars... enough for a moderate budget weeks long European vacation, I was, well, not exactly delighted, but accepting. This is my dues.

If we had a progressive, fair, watertight tax system where everyone, including the 0.1%, had to pay THEIR fair share in just the same way, we would have more than enough for the infrastructure, education, research and development, housing, health care, and jobs investments our nation DESPERATELY needs to be making. So I accept my responsibility without complaint.

And this is yet another reason I believe Bernie Sanders should be our next president.

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