In response to:

The Rich Don't Pay Enough?

bmckeown Wrote: Sep 01, 2012 9:32 AM
Maybe YOU should read Locke. Natural Law is based on one's private property and the natural right to that property. This includes the wealth someone may accumulate. Walmart employees agree to sell their labor at a price. These terms are agreed to by both the employer and employee. Nobody "shang-hai's" people to work at Walmart. The terms of the agreement end with each paycheck. No employee at Walmart has a claim to any profits that are generated unless they partake in the risk of the business by being shareholders. I cannot understand how you could confuse Locke's Natural Law for Marx's Value of Labor Theory.
If you listen to America's political hacks, mainstream media talking heads and their socialist allies, you can't help but reach the conclusion that the nation's tax burden is borne by the poor and middleclass while the rich get off scot-free.

Stephen Moore, senior economics writer for The Wall Street Journal, and I'm proud to say former GMU economics student, wrote "The U.S. Tax System: Who Really Pays?" in the Manhattan Institute's Issue 2012 (8/12). Let's see whether the rich are paying their "fair" share.

According to IRS 2007 data, the richest 1 percent of Americans earned 22 percent of national personal income but...