But worse is the twisted idea of fairness that Moore seems to hold. He claims it is unfair that the richest 10% of Americans pay 65% of the income taxes. But of course they should pay a disproportionate share, because they receive a disproportionate share of the income, and have an even more disproportionate share of discretionary income. He claims it is not fair for people to pay estate tax when they die. But what exactly is supposed to be fair, or even economically efficient, about people inheriting millions of dollars that they did nothing to earn? The estate tax is one of the fundamental foundations of capitalism. It preserves the incentives for the scions of wealthy families to work and save and contribute to the economy, rather than becoming leeches on their families. It also prevents the emergence of a hereditary aristocracy, and the revival of a feudal political and economic system. It promotes equality. It is the essence of fairness.
Is it fair that those who work pay taxes to support unemployment benefits? Is it fair that young people have to pay into Social Security? Of course it is! Workers paying those taxes now will need those benefits if and when they are laid off or retire. They are paying a premium for a form of social insurance that the market will not provide.
If this strange notion of fairness is common now (and almost 4000 people recommend this article on the WSJ website), I fear for our country. True moral understanding is vanishing among us, beginning with elementary truthfulness, but including democracy and equity.
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