Sunday, July 29, 2007

Ben Stein has a conscience

Actually he probably had one all along, which makes you wonder why he is a Republican. Old school, I guess. Whatever the reason, he is right on track with this weeks column in the NY Times.
Now, let’s think about what’s going on in America right now. We are in a war. We are apparently not winning the war. The military is desperately shy of funds, to the point where our fighting men and women are being shortchanged in training and equipment.

We also need more money for our soldiers’ pay, so their families do not have to live like church mice while their spouses are deployed in Iraq or Afghanistan. In these circumstances, is it fitting and morally right for the richest of the rich to be paying either very low taxes or no tax at all?

Is it right or even admissible in the human conscience that while teachers, emergency room technicians, police and firefighters are taxed at full earned-income rates — and often underpaid — that the highest-earning people in this country should pay at either very low tax rates or none at all?

Or, put it like this: do we dare send our men and women to fight for an America in which the very rich are so favored by the government that it amounts almost to an aristocracy?
And surprisingly, he carries it forward to a remarkably radical and sound idea.
Why don’t we just have a tax holiday for people who are fighting in Iraq and Afghanistan for five years after they get back? This would be the tax code addressing real shortages, not an imaginary shortage of money mania (oops, I mean “entrepreneurship”).

Let’s keep it real: Congress can take notice of a mammoth inequity in taxation during wartime and make the tax on private equity and hedge funds approximate the treatment of other highly paid people — or it can continue down the road to the Bastille.
Allons enfants de la Patrie, Le jour de gloire est arrivé !

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