The Rich Do Not Steal From the Poor
Socialist politicians presume that rich people take their wealth from the poor (or so called middle class) and it’s thus somehow fair and just for politicians to steal it back. While few politicians publicly say this, these socialists rely on this assumption in their arguments to prohibitively tax the rich.
This is blatantly false.
The world’s wealth is not a fixed value that happens to be unfairly distributed to some and not others. In a free market, wealth is CREATED. Some people create more wealth than others.
Some people choose to spend years cramming information in to their minds to make their actions and choices more effective. Others spend their evenings watching TV and drinking beer. Some people stay up at night reading more books and learning new skills while others stay up at night partying and birthing more children.
There is nothing unjust about the wealth creators keeping the wealth that they create – they typically develop unique skills for creating wealth, and their ability and opportunity to manage more wealth is a win-win for everyone. After all, the wealth wouldn’t exist at all if they didn’t put forth their effort.
In spite of this, today’s politicians are trying to further loot families who create more than $250,000 worth of wealth each year on the false premise that this $250,000 has largely been stolen from those who chose to live their lives irresponsibly or at a slower pace.
When the wealth creators finally give-up and to cap their capacity to create wealth at $250,000/year (or whatever number the politicians arbitrarily decide is rich), then humanity is in BIG trouble. (The socialists don’t seem to have a problem with this; a topic for a future post.)