Principles of allocating the burden of taxation in society

A fundamental question we need to answer for this motion is on what basis should we obey to allocate the burden of income tax among the different groups of people in society and why we believe specifically the rich should have a dramatic increasing share of this burden. Two basic we should follow here: those who has the better financial ability and who gets more benefits pay more tax. The Ability-to-Pay Principle: The rate of income tax should be based on the financial ability of the tax payers. The nature of taxation is to reallocate individual incomes for building a best social environment and public courses to guarantee the welfare of all citizens. It is an essential part of the social contract every citizen should abide by. This is a reflection of a citizen performing his role of social being and his burden of corporate social responsibility. The scope of such a responsibility is closely linked to the status of income. The more income a person earns, the stronger ability he possess to fulfil this obligation, hence the heavier burden he shares for tax to government for a better society. Even by dramatically increasing tax, the rich do NOT become poor. We admit that this would leave them less rich financially but morally whether because they are the most capable group of tax payer in society and have the strongest responsibility of helping their community and society , especially under the circumstances that the whole world is suffering from the biggest economic crisis, an emergency since the Second World War. In a time when governments are currently facing the most serious budget deficit and unemployment rate, it would be hard and sad and even shameful to imagine the rich don’t do their best for the society as the most capable group of ppl at a time when more and more people are worrying about the basic cost of living, suffering from losing their jobs, and are concerned about their children’s education and shelter. It is high time for the rich to shoulder social responsibility and share the burden of the local government as well as that of the world by energizing or invigorating the government financial strength and restoring confidence. In this case, tax, as a means of socially responsible investment, sending a clear and strong signal that income and wealth are social means which can be used for the collective good, that it encourages social cohesion and beneficial for both the poor and the rich, the individuals and the country, that it will transform a society for the greater good. The Benefits Principle: The rate of income tax should also be based on the degree of benefits tax payers can get. The very rich people enjoy public resources or facilities, which are largely built upon tax-payer’s money more than other groups of people in society and much more than those who live in poverty. Rich people usually want better security, because they need more protection of their wealth. Though every member of society asks for security, a more secure and stable society in turn will bring benefits or better safeguard for rich. Rich people benefit from social stability and public services more hence they should pay more for it through the form of tax and they will benefit more later which is fair both in the means and ends.