Wednesday, December 05, 2012

Reward and Punishment


It is often said, by those who wish to protect the very wealthy, that it is not fair to raise their taxes because, “Why should we punish success?” The more appropriate question in my mind is why should we reward their success, when you consider the nature of that “success?”
Let us say, at least for the sake of the argument, that for any given polity, whether it be a county, state, or nation, there is a finite amount of resources available to the members of that polity. That is, there is only so much timber, so many minerals, so much tillable land, so many rivers, lakes, or so much seashore, so many fish and animals, and so on. There is likewise only so much available labor. These various resources can be converted into “capital,” and similarly into “profit.” The only way someone can profit is by the exploitation of the natural resources, including labor. As Marx so insightfully observed, capital represents dead labor (labor that has been used up, exploited).
If success is measured by the amount of capital someone possesses it ought to be fair to consider the source of that capital, namely the exploitation of resources that belong to the polity, including labor. Members of the polity have to be taxed to provide the services and the superstructure necessary for the polity to continue to function. Your taxes, then, should be based on how much capital you have accrued in a given amount of time through your labor or exploitation of resources. Thus, if you are taxed on the capital you have gained, one would expect that those who have gained the most capital should pay the most in taxes, as what they gained has been at the expense of the resources held by the entire polity (basically the community).
Obviously this is a gross oversimplification if you live in a system where some individuals “own” more of the available resources than others, where both land labor are regarded as a commodities, and even money, too, is also considered a commodity. But as Karl Polanyi pointed out, land, labor, and money are really false commodities, land being the environment, labor being human behavior, and money an artificial creation. I would argue this should not absolve anyone from having to pay a fair amount of the community taxes. It’s fair enough (if you want it to be) that some people own more land than others, or can command more labor, or happen to have more resources on the land they own, but they are still using more of the available resources than others and should not be rewarded for it. To say they should have to pay more in taxes is punishing success is simply not the case unless they are actually being taxed at a higher rate than everyone else. Paying a fair share is not a form of either reward or punishment.
I realize this probably sounds somewhat nonsensical, especially in the context of the tax basis in the United States. We, of course, do not pay taxes on the basis of how many resources we exploit. We pay taxes, or do not pay taxes, depending upon all sorts of complicated formulae having to do with precisely how you made your capital, whether your worked for it or simply inherited it and have it invested, how many homes you own, and where, whether it is used for business rather than pleasure, whether your pleasure is also considered business, what can be amortized, what is considered taxable income and what is not, where your money is located in the world, and so on and on in the most complicated manner imaginable. Probably the only people who pay taxes directly on how much capital they have garnered in a year are ordinary working people who pay taxes on their salaries (and cars, food, services, and etc.).
Curiously, it doesn’t really matter whether you live in a capitalistic society or not, because in any case those who exploit the environment and labor the most are using more resources than others but are not usually being taxed at the same level as those who use less. Those who exploit the most are doubly blessed because not only do they benefit from the basic exploitation involved, they also benefit from paying fewer taxes, and in some cases no taxes at all.
In all communities there are finite resources although the precise enumeration of them may be impossible. There are also some individuals who by dint of harder work or more talent, or perhaps even inheritance, manage to use more of the community resources than others. In reality this is understandable, and in principle may even be fair, but only if they are required to pay for their “success” at the same rate as others. This does not mean you are taking from the rich to give to the poor, it means everyone is paying their fair share of what they gain from exploiting the available resources. I suppose one could argue that those who exploit the most should actually pay even higher taxes because their exploitation diminishes the opportunities for others.
Obviously this is all too complicated for me. I guess this is why I liked living with the “primitives” in the New Guinea Highlands. The “Big Men” (men with a “name”) exploited their multiple wives and their surroundings, it is true, but what they achieved was basically prestige, and what they gained materially was inevitably shared with the community. Give me the simple life!
 The best political community is formed by citizens of the middle class.

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