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Defining ‘Fair’ in Obama’s ‘Paying a Fair Share’ Rhetoric – Gary Wickert

09/12/2011

The ink was not even dry on the emergency debt-ceiling bill Congress passed last month and President Obama was back in front of the teleprompter wordsmithing an appeal to reform the tax code so that the “wealthiest” Americans and biggest corporations pay their “fair share” of taxes.

It also means reforming our tax code so the wealthiest Americans and biggest corporations pay their fair share and it means getting rid of taxpayer subsidies to oil and gas companies and tax loopholes that help billionaires pay a lower tax rate than teachers and nurses.

What could be more reasonable than this? I mean, everybody should pay their “fair share,” right? And who wants billionaires to have tax loopholes at their disposal? The word “loophole” alone suggests something illicit and dishonest.

Unfortunately for America, millions nod approvingly at these specious words, feeling informed as they return to their union jobs, university tenure, or government employment. We need a “balanced” approach to our national debt crisis, he says. Fewer “harsh” spending cuts and more revenue increases. The words are carefully chosen. The logic is compelling; soothing even.  […]

Read More at Pajamas Media.

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