My WND Technocracy column today is about the minimum wage — specifically the notion that this should be raised to an arbitrary “living wage” that has no bearing on the value of the actual labor performed.
This liberal bugaboo – the notion that income is inequitably distributed and that this inequity must be corrected – lies at the heart of all “progressive” economics.
This idea that all income is something of which the population ought to be given an equal share is completely false. Income is earned through effort. Those who don’t earn it don’t get a share, and thus there is no such thing as “income inequality” (because equality of income is not a natural right).
This is why the use of the term “revenue” for taxes is so offensive. Governments do not collect “revenue.” They collect taxes. Revenue is something you earn.
Read the full column here in WND News.
Published on December 12, 2013 18:16