Anyone who really thinks income redistribution and having 50% of America on welfare (or paying no income taxes) is going to work in the long term should read this article about an experiment in a college classroom.
We have to take care of those who cannot fend for themselves, but society aka government must reward risk and hard work or . . . there will be neither. Entrepreneurs, investors and risk-takers will continue to go elsewhere. There are lots of countries ready to accept job creators. Those left behind will just wait every month for what Washington says they should get.
High Street Beat is the personal weblog of John Landwehr, a partner at Cook Vetter Doerhoff & Landwehr and a former Mayor of Jefferson City. Your comments, feedback and suggestions are welcome.
I can only assume from your statement about "paying no taxes" that you do not support the idea that those who make lots of money should continue to pay less of a percentage of taxes than those of us who make middle income or less. When the "government" favors BIG BUSINESS over everyone else and being poor but hard working is sneered out by the washington and business elite we have a cast system that has proven just a faliable as the BUSINESS at all cost policies of conservatives.
Stop Piracy Act is a very good example of Big Business fighting against each other (movie/record industry vs technology companies) and in the end joe citizen (most of whom are hard working) loses out.
You can't legislate poverty away but you cannot continue to stomp on the poor in this country and expect them to be happy about it.
Posted by: Steve Nelson | January 18, 2012 at 01:00 PM