Tag Archives: more taxes

Why Must Wealthy Donors Rescue Us?

Jeff Bezos has announced a donation of two billion dollars to help homeless families and to create preschools in low income communities. Bezos is due our praise for his gift and his stated intention of giving more in the future from his accumulated wealth.

We have other wealthy people in this country who give generously to worthy causes. They are to be congratulated for their generosity. The tradition of “paying it forward,” of sharing blessings is a noble one.

But why are the basic needs of so many in need of rescue? Why don’t our taxes cover basic education, medical care, and affordable housing?

If basic needs were met, wealthy giving could fund “extras”—scientific experiments, worldwide agricultural breakthroughs, and other endeavors not easily financed through regular taxation.

Of course, meeting basic needs would no doubt require more taxes from the wealthy.