CJ Pearson Breaks Down the Left Versus Right Debate on Taxation and Fair Share

[00:00] I'm CJ pearon and this is left versus

[00:02] right let's take a look at the issue of

[00:05] taxes everyone agrees that some taxation

[00:07] is necessary to pay for the government's

[00:09] role in doing basic things that enable

[00:11] us to live in a free and safe Society

[00:14] law enforcement firefighters and the

[00:16] military just to name a few examples

[00:18] there's also General agreement that

[00:20] taxes should be used to fund programs

[00:22] needed to benefit society as a whole

[00:24] such as health care education and

[00:27] infrastructure as in things like roads

[00:29] and bridges

[00:30] ports and so on where the left and the

[00:32] right most differ regarding taxes is

[00:34] over how big the government's role in

[00:36] our lives should be and therefore four

[00:38] how high taxes should be the left argues

[00:41] that those who have more money should

[00:42] pay a higher percentage of their income

[00:44] in taxes not simply because they have

[00:46] the means to do so but because they have

[00:49] an obligation to do so this is the idea

[00:52] of the wealthy paying their fair share

[00:54] according to the left it's fair because

[00:55] those who have become wealthy wouldn't

[00:57] be wealthy without all the services the

[00:59] government provides those on the right

[01:02] favor lower taxation than those on the

[01:04] left the right believes that the

[01:06] government should be kept as small as

[01:07] possible because when the government

[01:08] gets its hands on trillions of dollars

[01:11] in taxes bad things happen things like

[01:13] corruption and waste those on the right

[01:16] will point out that in 2020 the top 50%

[01:18] of taxpayers paid

[01:21] 97.7% of all federal individual income

[01:24] taxes while the bottom 50% paid the

[01:27] remaining

[01:28] 2.3% the top 1% of taxpayers those who

[01:32] make more than about

[01:34] $548,000 paid 42% of all federal income

[01:38] taxes more than 18 times the amount

[01:40] generated by the bottom half of

[01:43] taxpayers with numbers like these it's

[01:45] hard to say that the rich are not paying

[01:47] their quote fair share the right

[01:49] believes that people should keep as much

[01:51] of their own money as possible it's your

[01:53] money you should decide what to do with

[01:55] it start a business take a vacation or

[01:59] give to chair

[02:00] it's up to you that's some politician

[02:03] the ability to do what you want to do

[02:05] with your money is fundamental to

[02:07] Freedom those in the left counter that

[02:10] without taxation to keep private wealth

[02:11] in check the rich get richer and the

[02:14] poor get poorer the left says the

[02:16] government should get more revenue from

[02:18] those most able to pay while reducing

[02:20] the burden on the needy this

[02:22] redistribution of wealth from the rich

[02:24] to the poor will help lift poor people

[02:25] out of poverty that seems well only fair

[02:28] the left also says that taxing the

[02:30] wealthy is meant to respond to social

[02:32] unrest and resentment due to economic

[02:34] inequality the right disagrees with this

[02:36] notion because they say there has never

[02:39] been an instance in which redistribution

[02:41] of wealth from the rich Has Lifted the

[02:43] poor out of poverty let's recap the left

[02:47] believes that income should be

[02:49] redistributed from those who have more

[02:51] to those who have less the right

[02:53] believes that most people work very hard

[02:56] for their money and should be allowed to

[02:58] keep as much of it as possible and not

[03:00] give it to the government where do you

[03:03] stand I'm CJ Pearson for Prager yo thank

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