KenH
Well-Known Member
"Market transactions are voluntary exchanges in which both buyers and sellers believe the exchanges benefit them. The only entity that can actually take income is the government. So, Warren has it exactly backwards.
American workers have voluntarily given their incomes to everyone who receives those incomes, in exchange for groceries, automobiles, smart phones, and more. Meanwhile, the government forcibly takes money from taxpayers. That’s the price we pay for government goods and services.
Government takes wealth from American workers. People who receive income from market transactions get it through voluntary and mutually agreeable exchanges.
Warren’s view on capitalist exploitation is completely consistent with Karl Marx’s. Meanwhile, look at the massive increase in everyone’s standard of living that has occurred between the time that Marx wrote about it and Warren proposed policies to reverse it."
Elizabeth Warren’s Proposed Wealth Tax | Randall G. Holcombe
American workers have voluntarily given their incomes to everyone who receives those incomes, in exchange for groceries, automobiles, smart phones, and more. Meanwhile, the government forcibly takes money from taxpayers. That’s the price we pay for government goods and services.
Government takes wealth from American workers. People who receive income from market transactions get it through voluntary and mutually agreeable exchanges.
Warren’s view on capitalist exploitation is completely consistent with Karl Marx’s. Meanwhile, look at the massive increase in everyone’s standard of living that has occurred between the time that Marx wrote about it and Warren proposed policies to reverse it."
Elizabeth Warren’s Proposed Wealth Tax | Randall G. Holcombe