1811 Capped Bust Half Dollar

1811 Capped Bust Half Dollar

Thursday, May 8, 2014

Redistribution of Wealth is not the Same as Spreading the Wealth

From my observation Redistribution of Wealth is much different than Spreading the Wealth. Let me explain. Redistribution of Wealth is taking wealth with no plan for longtivity of an economy. It slowly erodes the economy into communism. One can only tax the rich so long before it`s gone. With communism the wealth is concentrated amoung only a very few. A much lower of percentage of people with real wealth than in a free country.

Spreading the Wealth is encouraging investment with the hopes of success which would lead to healthier areas for business that provide jobs. The ladder there begins for the motivated to invest, buy goods ( cars, houses, land ) which is good for business and the economy. Even the government benifits in this way as tax revenue increases without increasing the percent of what they tax on a personal basis. It provides government jobs and everyone is happy.

The hazard with this is an over active government that begins to feed off this. If left unchecked then the government would slowly Redistribute the Wealth to themselves in an oppresive nature where wealth decreases percentiage wise.

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