A Recipe for Creating Poverty Jack F. Kemp What if you wanted to create poverty. What policies and principles would you use to destroy the economy of cities and make people dependent on government? How would you do it? Let me offer some suggestions: Impose steeply graduated and progressive tax rates and then inflate the currency to push people into ever higher tax brackets; Reward welfare and unemployment at a higher level than working and productivity; Tax the entrepreneur who succeeds in the legal capitalistic system much higher than in the illicit underground economy; Reward people who stay in public housing more than those who want to move up and out into private housing and homeownership; Reward the family that breaks up rather than the family that stays together; Encourage debt, borrowing, and spending rather than saving, investing, and risk-taking; But most of all, if you really wanted to create poverty and dependency, weaken, and in some cases destroy, the link between effort and reward. Use race, age, and income to divide people. Create hate, greed, and envy to break down society.
Posted on: Wed, 13 Nov 2013 01:41:55 +0000
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