I never thought I would say this, but I am beginning to believe that the general American electorate will never have any economic common sense. The idea that taxing millionaires, who already pay more taxes that others, because they need to “pay their fair share” should automatically raise red flags for anyone thinking clearly about a plan to get our economy back on track. In fact, I would submit that the American romantic love affair with all things Europe is going to destroy this country. It seems that Americans have forgotten that this country was founded on political ideas that were categorically different than our friends across the pond.
The United States of America is a nation that has grown in her understanding of what it means for religious, political, and economic liberty to create the conditions necessary for human flourishing. No doubt this nation has imperfectly put these ideas into practice, but the commitment to do so has made this country the only place in the world where an “average Joe” can go from poverty to wealth in one or two generations. Political and economic liberty, as principles for prosperity, are now on death row, and there is little, I believe, that will stop the inevitable: America is on a pathway to bankruptcy because we believe the European illusion that raising taxes and coercing wealth redistribution creates wealth.
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