It’s primitive superstition that people get rich at the expense of the poor.
Entrepreneurs create wealth generators that shower the people under and around them with wealth they wouldn’t otherwise have.
Taxing people and giving money to people will eventually sputter and die, because the source of wealth will dry up.
It will run out of gas like a hybrid car that runs out of gasoline when the power company has a blackout.
Take one filthy rich inventor/entrepreneur ANY inventor/entrepenauer, ie Henry Ford, Bill Gates, Wilbur-Orville Wright etc and then calculate the flow of money to the treasury as a DIRECT result of their efforts. Sheesh.
1) increasing efficiency of production
2) increasing capital accumulation
3) increasing saving and investment
4) increasing total productive ability
5) increasing standard of living
6) increasing demand for labor
7) increasing average money wages or employment or both
8) increasing capital intensiveness
9) increasing technological progress and technological advances
10) increasing economic progress
11) increasing innovations applied to production
12) increasing ratio of (demand for capital goods)/(demand for consumer goods)
13) increasing ratio of (production of capital goods/(production of consumer goods)
14) increasing productivity of labor
15) increasing production of consumer goods
16) increasing supply of consumer goods
17) decreasing prices for consumer goods
18) increasing real wages
19) increasing share of consumption by wage earners compared to the rich
20) preserving and protecting the natural rights of the rich, helps preserve and protect the rights of all, including to non-rich
The problem with the Marxists is that their “wealth” comparisons are always about you and someone next to you; not about you and your ancestors, or what may yet be when your “wealth” is compared with your children’s lives in the years ahead.
The problem with the Marxists is that their “wealth” comparisons are always about someone you are suppose to think is greedy, or someone who is supposed to think you are greedy.
The problem with the Marxists is that their wealth comparisons are not about wealth at all, they are about wealth “equality”.
The problem with the Marxists is that their wealth comparisons, and where their wealth comparisons lead their policy prescriptions, is that their agenda cannot create wealth because it is not concerned with wealth creation. It is only concerned with the distribution of “wealth”.
Their policy prescriptions can only steal from the economic pie, not create it and not grow it. Socialist policies are always policies blessed with diminishing returns. In that regard Europe is leading the way today.
And all the Democrats want is for America to follow Europe down that road of diminishing returns. Why? Because they are the tools, the useful idiot hand maidens of Marxist fools like Obama.
Funny thing is whenever I deal with socialists, they always talk about how Society this, Society that and these people like to really butt in into your personal life and judge you on how you do things and make comments that whatever you do is wrong. And they are so full of themselves and make sure you know their “superiority” !
Always lost in the discussion is the fact that taxes are a component in the prices of goods and services produced.
In other words, if you increase taxes on the “rich”-that would be our economy’s employers, investors, and corporations-then in the end consumers will pay the increase. Rich and poor.
It is simply not a free lunch for those clamoring for the government to increase taxes on everyone but them.
Never has been.
This is the angle we should use when discussing the tax issue, IMHO.