Taxes aren't the government playing Robin Hood, they repay what previous generations invested in you

[Yo_Mama_Been_Loggin]

Everyone hates paying taxes. But many wrongly think that taxes are primarily about redistributing income from the rich to the poor with the state acting like an erstwhile Robin Hood.

In fact, most of what government does is transfer income over our own lives – taxing us when we are working adults and supporting us when we are young and old. A clever child cannot go to the bank and ask for a loan to pay for schooling, promising to repay when they eventually get a job. Instead, the government acts as a “piggy bank,” investing in that child’s education with the promise that they will earn more as an adult and contribute to society later through their taxes.

Many have benefited from this piggy bank – think of the GI Bill or tax breaks for funding college or retirement.

So much of the current debate in the U.S. about President Biden’s economic proposals is cast in this wrongheaded Robin Hood redistribution mentality. Some rich people don’t want to pay more tax because they see it as funding unproductive government spending that goes to those who are undeserving.

-more-

https://www.marketwatch.com/story/taxes-arent-the-government-playing-robin-hood-they-repay-what-previous-generations-invested-in-you-11627914077

[CrispyQ]

1. There are some good arguments in this article.

I've bookmarked it for future reference when debating my anti-tax friends & acquaintances. Thanks!