If the economic facts demonstrate that the wealthy already pay more taxes than everyone else why are Americans in support of raising taxes on this small population again? Class warfare could be the culprit, but I think the real reason is much worse. At least in class warfare you know you’re harming the other, but what we have today is pure multi-generational economic ignorance and the absence of fiscal common sense. Americans increasingly think like Europeans.
It is important to remember that Otto von Bismarck, the Prussian prime minister/German chancellor from 1862 to 1890, is the father of the welfare state. He advanced the vision that government should serve as a social services institution by taking earned wealth from the rich and from businesses to deliver services to those who are not as advantaged. European governments fully implemented Bismarck’s economic ideology and now the entire region is on the verge of bankruptcy. This will be our destiny as well unless the sound political thinking that created this nation’s prosperity in the first place is released from the prison of America’s Bismarckian economic ignorance.
Anthony Bradley
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