Western societies have become more economically unequal, with a small minority holding the majority of the wealth while public services continue to decline. The back drop of austerity has made this inequality even starker, leading many to question whether the richest should be paying more to help fund public services?
The wealthy should not be able to accumulate capital in the way they currently can, and should pay more taxes so other benefit.
Wealthy people benefit the most from society’s structure
As they see the most benefit from our societal structure, the wealthy should also have to pay more to support it.
There's a moral obligation to look after the less privileged
The wealthy have the resources to significantly help those least advantaged. They should be obliged to do so.
Raising taxes on the wealthy would reduce inequality
Income inequality would significantly decrease if the wealthy had to pay more tax, stabilising the middle class.
It is unfair to punish the wealthy for their success.
Wealthy people opt out of some public services
Wealthy people do not utilise public services as much as the non-wealthy, relieving pressure on the system.
Higher taxes disincentivises wealth and job creation
By taking more of the wealthy's income, they are less likely to want to continue in further income or job creation.
Wealthy people already pay their fair share
The amount of tax the wealthy already pay is enough.
This page was last edited on Wednesday, 11 Mar 2020 at 13:02 UTC