Everyone’s A Winner
There have been several polls in the last few days that if correct, make me think about chucking in the towel and going off the grid. Today’s Bloomberg poll has Americans wanting the government to spend its way back to health and tax the rich to get there. I do not know what Americans have against rich people. I do not know any truly rich people but I know they or their ancestors found a way to be successful and tuck a few dollars away. They either made or inherited the money. Taking it from them because someone else thinks they deserve it is nothing more than stealing. Now that is either one of the 10 Commandments or possibly a Federal, State and local law.
If you flip that around and increase the taxes on those who approve of taxing the wealthy, they think it is unfair. “Why should I have to pay higher taxes? I am struggling to survive while they are taking vacations and living in mansions. They don’t need all of that money.” Yet they are more than happy to let it happen to someone they perceive as rich. They scream foul if you attempt to take their property but it is fine to take someone else’s. America was founded on property rights and equal opportunity. Each of us has the opportunity to accumulate wealth. Some people prefer to take the easy route and take it from those who have. It is the entitlement mentality that started working its way through our government almost as soon as the ink was dry on the Constitution.
A large segment of the US population appears to believe that redistributing wealth will make everyone’s life easier. If I could just get my piece of the pie, my life would be great. What they don’t see is that the wealthy supply the money that makes the engines of commerce run. They build the factories, create the businesses and pay the salaries of the American worker. We have seen what happens when the government runs the factories. It is called the collapse of the Soviet Union. If you have no true stake in the success or failure of a business, you will not take a risk to make it successful. It is accepting mediocrity and oblivion as the norm instead of expecting excellence. Our schools have been teaching that for years and we have finally created a society where everyone gets a trophy. Wow, I feel special.
Icool
Cobb
If you flip that around and increase the taxes on those who approve of taxing the wealthy, they think it is unfair. “Why should I have to pay higher taxes? I am struggling to survive while they are taking vacations and living in mansions. They don’t need all of that money.” Yet they are more than happy to let it happen to someone they perceive as rich. They scream foul if you attempt to take their property but it is fine to take someone else’s. America was founded on property rights and equal opportunity. Each of us has the opportunity to accumulate wealth. Some people prefer to take the easy route and take it from those who have. It is the entitlement mentality that started working its way through our government almost as soon as the ink was dry on the Constitution.
A large segment of the US population appears to believe that redistributing wealth will make everyone’s life easier. If I could just get my piece of the pie, my life would be great. What they don’t see is that the wealthy supply the money that makes the engines of commerce run. They build the factories, create the businesses and pay the salaries of the American worker. We have seen what happens when the government runs the factories. It is called the collapse of the Soviet Union. If you have no true stake in the success or failure of a business, you will not take a risk to make it successful. It is accepting mediocrity and oblivion as the norm instead of expecting excellence. Our schools have been teaching that for years and we have finally created a society where everyone gets a trophy. Wow, I feel special.
Icool
Cobb
posted by Cobb at
4:49 PM
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