What makes taxes not theft in the public eye? It must be the dilution.
Colonel Sanders wants to spend $1 trillion to “improve infrastructure”. Where does the trillion come from? Does he summon it ex nihilo? Perhaps in his mind yes. Because he in his idiocy thinks that the very concept of value was invented by Johann Gutenberg with the printing press. You can print dollars, so no theft needed?
But people with more than two ganglia understand you can’t get something from nothing. And most people understand Colonel Sanders is not God. The dollars he prints would only represent value which was accumulated by someone else’s work that Sanders wants to accumulate through a monopoly on what qualifies as “money”.
So he must take the value from people who have worked. At what point is it theft? If Sanders found one trillionaire and passed a bill to “tax” him of everything he has and used the money to finance 17 new Boston Style Big Dig projects, would it be theft? Yes, the public would see it as theft. What about taxing two people each worth $500B and taking everything? Would that be theft as well? Yes, and actually worse because theft is a violation against person, not inanimate objects. Theft against 2 is worse than theft against 1 even if the values are equal.
And so on to 3 confiscations of $333.3 million. What about 4 of $250M? 5 of $200M? Are we getting better or worse here?
But what about taxation as it is, or at least at its most equitable? Colonel Sanders spends $1 trillion by taking $333 dollars from every single person in the United States of America. That would be the worst possible situation. But it’s not even taking $333 from everyone. It’s “borrowing” $166.67 from everyone and printing the other $166.7 promising you’ll pay it all back when you’re already over $18 trillion in debt in the first place and inflation is no big deal.
You’ll never pay it back. And it is a big deal, the more marginal of a producer you are.
Privatize the roads and everyone will know it’s theft when the roads company proposes to “tax” you $1 trillion dollars for a Big Dig. And you won’t be happy at all if said company decides it has a monopoly on money supply and prints a bunch for itself to partially finance its schemes. In that case it’s fairly obvious that inflation is theft just as well.
But for the government, it’s just “stimulating the economy”.
2 thoughts on “Bernie Sanders Proposes a $1 Trillion Heist”
This was mentioned here:
You’re off by a factor of 10. $333 x 300mm ~= 100,000mm ($100 B). He wants $3,333 per person (except he doesn’t want to divide that evenly — he wants the top 1% to pay for 99% of that).