Nobody wants to pay higher taxes. But if they can see the tangible benefits that result from higher taxes they will begin to appreciate that this is what characterises an enlightened and civilised society, where children are precious to the state for securing its future.
It is the govts responsibility to persuade the populace that higher taxes are necessary to provide for child support, for welfare, for healthcare and for pensions for the elderly and that this makes for a healthier, more prosperous and more egalitarian society.
When I first started working here in UK and found out how much taxes Was taken from my pay packet, I was appalled. Only slowly and gradually did I realise that this is a much better system than that in Singapore.
The easy way is to appease the influential rich and the super-rich by having lower taxes at the expense of a lack of social support for the larger populace. It is to have a more mature understanding that unbridled free market capitalism generates excessive inequalities that must be moderated by the visible hand of state intervention.
U.K. And more so, the Scandinavian countries well understand this problem and that is why they have opted for a higher degree of welfarism as an integral part of their national economic policy with impressive success. It shows you can have welfare state and still be economically competitive; something our ‘great leader’ seemed unable to comprehend.
*Comment first appeared on TRE.