New at NewsReal – Personal Income As a "National Resource": A Look at Michael Moore’s Brave New Collectivist World

My latest NewsRealBlog post:

Sure, we’re all a little spooked about the huge debt our government is accumulating, but everybody can relax now; our favorite anti-American, far-left propagandist, Michael Moore, has the solution. Admittedly, it’ll take some minor changes in the way we think about wealth, which some of you might like, but you’ll get used to it—after all, you’re not greedy, are you?

Moore recently had this to say about the rich:

“They’re sitting on the money, they’re using it for their own — they’re putting it someplace else with no interest in helping you with your life, with that money. We’ve allowed them to take that. That’s not theirs, that’s a national resource, that’s ours. We all have this — we all benefit from this or we all suffer as a result of not having it,” Michael Moore told Laura Flanders of GRITtv.
“I think we need to go back to taxing these people at the proper rates. They need to — we need to see these jobs as something we some, that we collectively own as Americans and you can’t just steal our jobs and take them someplace else,” Moore concluded.

Much has been made about how Moore himself won’t return his own generous share of this “national resource,” but even if he were more magnanimous, his argument wouldn’t be any less outrageous. For one thing, it ignores the fact that the rich already pay a disproportionately high share of the tax burden individually, and US corporate taxes are among the highest in the world, too. For another, we’ve run this experiment several times in American history, and the verdict is in: if you want to raise government revenue and increase prosperity for all Americans, then the direction you want taxes to go is down, not up. As a businessman, you’d think Moore would understand that when businessmen pursue their own interests, it actually does tend to have the effect of “helping you with your life, with that money,” by creating new jobs for the purpose of creating goods and service that people want.

Read the rest at NewsRealBlog.

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