Share
Op-Ed

Ben Shapiro: When Biden Starts Talking About 'Fairness,' Pay Close Attention and Here's What You'll See

Share

This week, President Joe Biden attempted to inject life into his ailing presidency by dragging out of the closet the hoariest of political cliches: “fairness” in taxation.

Touting his new $3.5 trillion tax and spending bill, which would radically increase corporate taxes, personal income taxes and so-called sin taxes, Biden said, “It’s not enough just to build back; we have to build back better than before … I’m not out to punish anyone. I’m a capitalist. If you can make a million or a billion dollars, that’s great. God bless you. All I’m asking is you pay your fair share. Pay your fair share just like middle-class folks do.”

Of course, those who earn high incomes don’t pay like middle-class folks do. They pay far, far more.

IRS statistics show that the top 1 percent of income earners pay more in federal income tax than the bottom 90 percent combined — while the top 1 percent earned 21 percent of all income in 2018, they paid 40 percent of all income tax revenue. The top 10 percent paid over 70 percent of all federal income tax.

In fact, according to the American Enterprise Institute, those in the highest quintile of income earners pay, on average, well over $50,000 per year in net taxes — taxes minus government benefits received — while those in the bottom 60 percent of income earners receive net tax benefits.

Trending:
NY Rep to Introduce Sickening Bill for Unvaccinated: 'Do Your Part or Pay'

According to The Washington Post, the top 10 percent of American income earners pay nearly half of all income taxes, compared with just 27 percent for the top 10 percent of Swedes, 31 percent for the top 10 percent of Germans, and 28 percent for France’s top 10 percent.

So what, precisely, does Biden mean by “pay their fair share”?

Perhaps he means simple sloganeering. Like Rep. Alexandria Ocasio-Cortez donning a Cinderella ball gown emblazoned with the words “TAX THE RICH” to the Met Gala — a dress made by Aurora James, a woman who owes tens of thousands of dollars in back taxes and who has received over $40,000 in federal pandemic aid — class warfare sloganeering is more about the sloganeering than the class warfare.

No Democrat seems prepared to define what “fairness” constitutes, other than “a word I use to pander to the rubes while hobnobbing with the rich.”

Do you think Joe Biden really cares about "fairness" in taxation?

And Biden’s “fairness” pitch has to do with good economic policy, of course. In 2008, then-Sen. Barack Obama was asked during a debate about raising the capital gains tax, even if it lowered net government revenue. He answered, “I would look at raising the capital gains tax for purposes of fairness.”

In other words, Obama explicitly stated that he would damage the economy on behalf of a vague, kindergarten notion of equal outcome.

In the end, the “tax the rich to be fair” notion rests on a simple lie: the lie that income distribution is purely a matter of privilege or luck. It isn’t.

In the main, in a free market system, income distribution is the result of successful decision-making that must be incentivized rather than punished if we wish to see a more prosperous society.

Some people game the system; some are indeed beneficiaries of insider deal-making. But most success in capitalism is due to innovation, entrepreneurialism and creativity. Biden’s “fairness” cuts directly against these core elements of progress on behalf of political pandering.

Related:
Ben Shapiro: Don't Be Fooled by the 'Wealth Tax' - It Will Come for You Too

If we truly care about fairness — a more nuanced and complete definition of fairness that encompasses rewards for productive decisions and disincentives for counterproductive decision-making — we must abandon the politically convenient notion that those who earn more have somehow stolen from the system and must be punished for their crimes.

Lack of distributive equality does not equal unfairness, and anyone who argues differently abandons the real world — and the possibility of a better life for everyone — in favor of the flattering lie that all roads ought to end in the same basic material outcome.

© 2021 CREATORS.COM

The views expressed in this opinion article are those of their author and are not necessarily either shared or endorsed by the owners of this website. If you are interested in contributing an Op-Ed to The Western Journal, you can learn about our submission guidelines and process here.

Truth and Accuracy

Submit a Correction →



We are committed to truth and accuracy in all of our journalism. Read our editorial standards.

Tags:
, , , , ,
Share
Ben Shapiro is founding editor-in-chief and editor emeritus of The Daily Wire and host of “The Ben Shapiro Show,” the top conservative podcast in the nation. Shapiro is the author of numerous nonfiction books, including The New York Times #1 best-seller "The Right Side of History: How Reason and Moral Courage Made the West Great" (HarperCollins, 2019). Headshot photo credit: Gage Skidmore / Flickr.




Conversation

Notice: Due to threatened de-monetization, we have temporarily removed commenting while we build a long-term commenting solution that allows you to voice your opinion freely and allows us to continue to publish the news fearlessly and cover topics that you care about. If you would like to personally partner with The Western Journal to help us continue publishing while under relentless assault by Big Tech, please visit our subscription page here. We encourage you to share this article and discuss with your friends.