Capitalism Is A System Of Wealth Redistribution

One of the things that I find most interesting about the economic policy rhetoric that you hear coming out of the Occupy movement (and out of the White House for that matter) is the notion that a rich person’s earnings must be taxed in order to be redistributed. To hear them tell it, a rich person’s wealth sits in cash under a mattress…unless Washington taxes it away.

You can make an argument for low taxation based on moral principle (a rich person deserves to enjoy the benefits of their har…

Want to finish this story? Become a member today!

You'll have access to:

  • All Ricochet articles, posts and podcasts.
  • The conversation amongst our members.
  • The opportunity share your Ricochet experiences.
Join Today!
Already a Member? Sign In