| Why are people poor?
My from the hip response? Government.
Government regulations protect corporations and give them a leg up on consumers, as well as preventing free entry into the market.
To think in a country of supposed free enterprise to start a business I must comply with zoning laws, I must get a business license, I must register my business nationally, etc. etc. etc. (Free Enterprise MY ASS)
Also, can you explain to me why from the minimum taxation limit up till $300,000 an individual in my country pays from 30%-40% income tax(that's not including all our other little taxes, while a corporation pays 12%? (That is blatant tampering with economic equilibrium in favour of the producer)
Oh, and lets not forget the government devaluation of money, which to a person who cannot invest their meagre savings into Gold or other precious metals means that their savings depreciate. (Read some of Hans-Hermann Hoppe's work on this very issue, I implore you!)
The government hurts the poor more than any other enterprise. So if you want to help the downtrodden, as I do, your only logical attack has tobe centered on the removal of most of their problems by the removal of government. |