As research for possible future posts, I’ve been examining money matters in the bible: how money is used, what it’s worth, taxation, and tithing. The bible says a surprising amount about money and I’m enjoying the nuances between some of the Old and New Testament ideas. If you’re crazy like I am, it’s fantastic reading.
As we enter an election season in the US, tax reform is a topic that keeps coming up. One of the reforms proposed is the so-called “Buffett Rule“. Named for billionaire Warren Buffett, it centers on the idea that the wealthy shouldn’t pay less in taxes (as a percentage) than those in the lower classes. It’s an important idea and one that has many ramifications, but if you want to learn about them I recommend finding a good economics blog.
The question that I had never thought to ask was, “Does the bible support unequal taxation of the rich and poor?” Until today.
Read on for the answer.