Let’s ensure that the wealthy pay their fair share of taxes
A letter to the editor of NH Business Review
To the editor:
What is it like to live in the richest country in the world? According to U.S. News, America ranks 21st in quality-of-life measures, behind most other developed countries. Our healthcare and life expectancy is among the lowest, our maternal death rate and infant mortality rate is among the highest.
The U.S. invests far less than other wealthy nations in the basic resources necessary for its citizens to lead happy, healthy and productive lives. We need to spend more, not less! How can we afford it? What about the national debt? The answer is simple: collect more taxes.
No one likes taxes. People have complained about them since the first known taxation in ancient Egypt around 3000-2800 B.C. Wealthy people especially dislike taxes. Twenty-six billionaires, including Elon Musk and Jeff Bezos, pay just a fraction of the taxes the average American pays.
We need to revise the tax laws as necessary and enforce them with a well-funded IRS to hold everyone accountable according to their ability to pay.
Taxes continue to be necessary in order for society to function and grow in an orderly and equitable manner. They are the responsibility of all Americans.