First of all, let's recognize the undeniable truth that all taxing and spending by the government is a redistribution of wealth -- every single penny. Redistribution of wealth does not mean merely taking from the rich and giving to the poor. Every dime of taxes -- even when it's spent on things Glenn Beck would surely believe must be done, like defense spending -- redistributes wealth in some way because it takes money away from some people (reducing their wealth) and gives it to others (increasing their wealth).And, of course, there is the counter-example that David Cay Johnston has been documenting in his books Perfectly Legal and Free Lunch in which Reaganomic and plutocratic policies embraced by both parties for the last 30 years have redistributed wealth upward to an elite few of super rich, hardly a Marxist process.
On Desire 2018. Part 18: Doring and Eker's Agency
10 hours ago