Democrats covet the wealth of the rich to use in vote buying schemes

NY Times:

One Guaranteed Winner in the Democratic Primary: Plans to Tax the Rich

Every leading candidate for the 2020 Democratic nomination is proposing trillions of dollars of
new taxes on wealthy Americans and businesses. The divide in the field is how high to go.
Bill Gates and other extremely wealthy people create more jobs that contribute to society and to the wealth of the country than do Democrat vote-buying schemes.  The latter creates dependency and restricts growth in the economy.  Even when the wealthy are not creating jobs through enterprise, they create jobs by buying stuff.  If they buy a yacht, they have created jobs for yacht builders and suppliers for that industry.  If they buy a big mansion, they have created jobs for realtors and for home builders and suppliers in that industry.  These are much more productive enterprises than Democrats' make-work programs.

Comments

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

29 % of companies say they are unlikely to keep insurance after Obamacare

Is the F-35 obsolete?