Unfortunately, America is a country that increasingly believes that robbing from the rich is an acceptable expedient in financial hard times. Even if the country elects a new president this year, it will only prove to be a temporary reprieve. After all, both political parties are committed to the welfare state; and already that commitment is a prosperity-killer. Look at the national debt. Look at the number of businesses going under. There can be no economic recovery while the state continues to plunder the so-called “rich.” These same rich people invest their money, and that investment causes economic growth and creates jobs.
Our political system’s growing contempt for property rights must lead to the further breakdown of our economy. As with the decline and fall of the Roman Empire, the day will arrive when we can no longer afford to defend ourselves. In that event, a final act of assault and pillage could easily destroy our civilization altogether. If we are to avoid such a catastrophe, freedom must be our principle. A political policy of freedom must be upheld. As the Declaration of Independence says, “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable rights, that among these are life, liberty, and the pursuit of happiness.”
Full article: Taxes and Economic Breakdown (JR Nyquist)