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Quote by: Nono Admirable and far-sighted as they are, they can't replace -- or even serve as a bandaid for -- government policy that redistributes wealth throughout society. |
Nono; Forced redistribution of wealth in society saps initiative, economic drive, and individualism.
Example. My son works for union wages in carton printing plant. He is forced to work overtime of which the majority of this overtime money get sucked up in taxes. He is loathe to be forced to work when the majority of this overtime money is confisgated by the government. Hence, his productivity is reduced, his attitude is negative, and his take home pay is less than it would be if he weren't so heavily taxed upon the "time and half" wages.
Warren Buffet and Bill Gates aside, the average worker in the US resents increased forced withholding when it reaches beyond their regular wages and digs into to their "extra efforts" in productivity known as "overtime". Time and time again, I hear workers say:
"Why should I work overtime when most of the money goes to the government"? I believe they have a valid point.
This type of redistribution of wealth is unfair to the worker whose pay is derived from a paycheck involved in withholding of taxes. Particularly when a worked is forced to work overtime when the majority of this remuneration is confisgated in taxes by the government.