It seems fair that people who make more money should pay more taxes, right? But the next question to ask is: how much more? What is any individual taxpayer’s “fair share”? Is it fair, for example, that 70% of all income taxes are paid by just 10% of taxpayers, while nearly half of America’s workers pay none at all? In this week’s video, Amity Shlaes, author of The Forgotten Man and syndicated columnist for Forbes, shows how our current “progressive” tax system is not only unfair, it actually discourages people from working harder to earn more. What would a truly fair tax system look like? Watch the video and find out.
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