Scott Johnson on You Didn't Build That

http://www.futureofcapitalism.com/2012/07/scott-johnson-on-you-didnt-build-that

Powerline's Scott Johnson makes an interesting point about President Obama's "You Didn't Build That" comment:

Obama's remarks support his demand for higher income taxes. Making his case, Obama seeks to undermine the claim of right with which individuals hold their property, their income, their wealth. Under Obama's doctrine, all arise from the collective support of the government. They are not the fruit of the individual's labor.

Under Obama's doctrine, there is no just limit on the power of the government to take the individual's property. The property isn't that man's alone; he alone did not earn it. What the government does not take from the individual by taxes or regulation remains his conditionally, on the sufferance of the state.

by Editor  |  Jul 18, 2012 at 9:41 am Related Topics:  President Obama, Taxes receive the latest by email: subscribe to the free futureofcapitalism.com mailing list