According to the IRS, the top 1 percent of earners take home 17 percent of the nation’s total taxable income. Yet they pay 37 percent of the nation’s taxes. They are paying a disproportionate share of the burden of government and yet the Occupy protestors, public employee unions and even President Obama demonize them.
Think about who the 1 percent are. They are entrepreneurs who have pursued life, liberty and happiness. For many, pursuit of a dream is the root source of their wealth. They risked some of their own money and perhaps recruited investors to put in some of theirs. They hired workers to join them in making this dream a reality. Some of those workers became 1 percenters, too.
And how do these dreams come true? By operating businesses that succeed by serving others well. That is the essence of the free market and capitalism. Despite all its flaws, despite the risks, despite the many challenges, success is achieved by serving others well. This should be championed, not vilified. It’s surreal we must be reminded of this.
Thursday, October 18
Please, no bigotry toward those who are successful in pursuing the American Dream