The Great Non Sequitur Committed By Defenders

Soaking The Rich Would Not Only Be Profoundly Immoral, It Would Drastically Penalize The Very Virtues: Thrift, Business Foresight, And Investment, That Have Brought About Our Remarkable Standard Of Living. It Would Truly Be Killing The Goose That Lays The Golden Eggs.

Libertarians Regard The State As The Supreme, The Eternal, The Best Organized Aggressor Against The Persons And Property Of The Mass Of The Public. All States Everywhere, Whether Democratic, Dictatorial, Or Monarchical, Whether Red, White, Blue Or Brown.

It Is Easy To Be Conspicuously 'compassionate' If Others Are Being Forced To Pay The Cost.

The Modern Welfare State, Highly Touted As Soaking The Rich To Subsidize The Poor, Does No Such Thing. In Fact, Soaking The Rich Would Have Disastrous Effects, Not Just For The Rich But For The Poor And Middle Classes Themselves. For It Is The Rich Who Provide A Proportionately Greater Amount Of Saving, Investment Capital, Entrepreneurial Foresight, And Financing Of Technological Innovation That Has Brought The Unites States To By Far The Highest Standard Of Living - For The Mass Of The People - Of Any Country In History.

If Government Manages To Establish Paper Tickets Or Bank Credit As Money, As Equivalent To Gold Grams Or Ounces, Then The Government, As Dominant Money-supplier, Becomes Free To Create Money Costlessly And At Will. As A Result, This 'inflation' Of The Money Supply Destroys The Value Of The Dollar Or Pound, Drives Up Prices, Cripples Economic Calculation, And Hobbles And Seriously Damages The Workings Of The Market Economy.