In the discussion thread: So really ... what is wrong with redistributing wealth? [View all]
Response to chemenger (Original post)
Thu Sep 20, 2012, 11:04 AM
slackmaster (60,567 posts)
11. What you described isn't redistribution. It's confiscation by government.
Our federal and state governments are granted the power to levy taxes, and charged with the responsibility of providing services. They don't have the authority to impose a cap on personal wealth.
If they did, there would be nothing to stop them from gradually lowering that cap as they take more power away from individuals. It's all fine until they decide YOU are too wealthy. |
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