Wealth & Poverty Review | Page 35

Entrepreneurs did build those businesses. They built those roads and bridges, too. In a market economy, which comes first – the creation of wealth, or government funding? Wealth has to be created first, doesn’t it? Otherwise, there’s no way to pay for the government. No private wealth production, no tax receipts. No tax receipts, no Department of Transportation. It isn’t a chicken and egg conundrum. Wealth has to be created into existence for it to be taxed. Only then can we construct our bureaucracy. The president’s “you didn’t build that” gibberish last month was perfectly backwards. Implying that a taxpayer-funded “common good” makes private success possible puts the cart before the horse. The public is paid for by the private. Read More ›