Encyclopedia of Opinion
Question
Should the wealthy pay more taxes?
Position‹2 of 2

No, the wealthy should not have to pay more tax

This position holds that the wealthy should not have to pay more tax. It argues it is unfair to punish people for their success, that the wealthy already pay their fair share and opt out of many public services, and that higher taxes discourage wealth creation and new jobs.

Supporting arguments · 3

  1. 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.
  2. 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.
  3. Wealthy people already pay their fair share
    The tax burden on the wealthy is already proportionally higher than any other income group, and their taxation helps pay into a substantial portion of public service costs. It would be unfair to increase their share further.