Do the super rich have a 'duty' to pay higher taxes?

The Washington Post's E.J. Dionne says it's only fair that America's most affluent pay a larger share. The wealthy, and some commentators, disagree

Six in ten Americans think the rich should pay higher taxes, according to a recent poll.
(Image credit: Corbis)

"The American ruling class is failing us — and itself," says E.J. Dionne in The Washington Post. By devoting themselves to "utterly self-involved lobbying" against higher taxes, Dionne argues, the wealthy and powerful are ducking a truth that previous generations embraced: Sharing prosperity is a "civic duty" for the rich, and is even in their self-interest. But by one measure, the federal income tax rate for the super rich dropped from 26 percent in 1992 to 17 percent in 2007. Should they be ponying up more?

Yes, the rich should want to help the middle class: In a very real, historically grounded sense, "the health of the American economy depends on the health of the American middle class," says Doug Jones at Balloon Juice. But clearly, "the American ruling class does not believe this." They're unwilling to share a bit more of their wealth — even though it would guarantee the sort of broader prosperity needed to keep us all secure — and instead see the middle class as a bunch of "lazy, worthless rubes." With that short-sighted outlook, why wouldn't they wage "class war" on the middle class?

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up
To continue reading this article...
Continue reading this article and get limited website access each month.
Get unlimited website access, exclusive newsletters plus much more.
Cancel or pause at any time.
Already a subscriber to The Week?
Not sure which email you used for your subscription? Contact us