Let's suppose for a moment, that redistribution, has the desired effect, and the rich are dropped down a peg or two, and the poor are raised up. Great an egalitarian society is now in the making, everyone is more equal, and the central planners are patting each others backs.
But, are there any unintended consequences? Two huge ones. First the recipients begin to develop an entitlement mentality, and instead of working for their own best interest they look to Washington for their needs, which by the way is really what this administration wants. You dependent on them. Secondly, the so called rich now have less disposable income to invest, expand, and hire, so the economy inevitably shrinks, employment stagnates, and every one's standard of living drops. You need not look any further then Europe. Those countries with high taxation and huge entitlements have a much larger constant unemployment rate, and a much lower standard of living.
Wealth creation is the biggest boom to employment and a higher standard of living for all. Wealth is accumulated by putting capital at risk. Those dependent on government assistance are not the risk takers. The wealthy are constantly looking for ways to become wealthier, and have disposable capital to put at risk. That is until the redistribution advocates have their way and enact extra fees and taxes on them.
Now the central question is, do these people really care about the poor, or are they simply using redistribution as a way to attain and keep power? As an entitlement mentality and the bureaucracy, which divvies out the largess, grows, much of that confiscated wealth is eaten up before it ever gets to the intended recipients. There comes a point of critical mass, where the entitlement community, and a huge bureaucracy begin to outgrow the producers, and everybody simply votes their best interest, and therefore the social engineers win. We must as a country stop this insidious attempt to enslave our citizens in an entitlement mindset, and squash the human spirit from reaching it's full potential.
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