June 29, 2010
The perfect society: A land without wealth?
Utopia! It's the holy grail of egalitarian busybodies far and wide. If only outcomes were equal, as defined by the egalitarians themselves, the world would become a place of balanced chi and seamless harmony. These societal engineers have long believed in their unique intellects and superlative abilities, which qualify them to distribute wealth and contentment to a longing world. Sadly, there's no shortage of these do-gooders. A New York State Assemblyman envisions an increased millionaire tax. If passed, high income earners--who already bear a disproportionate share of New York's tax burden--will pitch in an additional 11-percent. The broken record known as Hillary Clinton still laments how "the rich" don't pay their "fair share" of taxes. Oregon, too, has joined the chorus. Earlier this year Oregon voters passed Measures 66 and 67, raising taxes on individuals and businesses that wealth redistributors, in their profundity, have deemed excessive winners in...(Read Full Post)