The Envy Industry
R. Cort Kirkwood
by R. Cort Kirkwood
isnít just one of the seven capital sins.
itís an industry, and like all industries, reporters cover it. Of
course, they donít write about envy. They write about taxes.
are never high enough or "fair" enough for the rich, or
so says, for the umpteenth time, the New York Times. There,
the crocodile tears ever flow with tales of woe about the penurious
poor and ravenous rich.
as the collectivist eyewash is, however, many of the rich get what
they richly deserve.
writer quotes an outfit called the Center for Budget and Policy
Priorities, which "advocates tax and federal spending policies
to benefit the poor."
the liberal way of saying itís a band of Reds, but anyhow, a few
quotes from the article:
richest 1 percent of Americans in 2000 had more money to spend after
taxes than the bottom 40 percent....
richest 2.8 million Americans had $950 billion after taxes, or 15.5
percent, of the $6.2 trillion economic pie in 2000," while
the "the poorest 110 million Americans had less, sharing 14.4
percent of all after tax money."
2000, the top 1 percent of American taxpayers had $862,700 each
after taxes, on average, more than triple the $286,300 they had,
adjusted for inflation, in 1979. The bottom 40 percent in 2000 had
$21,118 each, up 13 percent from their $18,695 average in 1979."
"in 2000, the top 1 percent had the largest share of the nation's
total after-tax income since at least 1936 and probably since 1929."
The rich have been screwing the poor since the stock market crash.
with most articles on taxes, this one ignores the obvious: The rich
have more money to spend after taxes because they had more to spend
the Times noted that the top 1 percent of earners pay 25 percent
of all taxes, compared to the bottom 40 percent paying just 6 percent.
In other words, when it comes to paying taxes, the "rich"
foot the bill. The poor pay squat.
point of the story? Create tax policy to "benefit the poor"
by inciting envy for and unjust loathing of industrious Americans.
Donít Feel Sorry
one hand, this is unfair, for wealth keeps the country going. Most
people are wealthy because they work hard or bring new ideas to
the free market. Riches are the just rewards of assiduous work.
it werenít for wealth, the welfare state would not exist. It shouldnít
exist, but the point is made: Government benefits for the poor come
from the rich.
the other hand, many of the rich whom the article attacks, with
its unwritten subtext, support the ideologues and politicians of
envy. The rich support these studies and the anti-capitalist policies
that result. The Wall Street plutocrats who subsidize statist Republicans
and socialist Democrats ask for it; the envy-mongers give it to
them good and hard.
no sympathy, for instance, for Microsoft magnate Bill Gates. He
was hoist upon the petard of his financial support for Democrats,
who used the government to attack his company for "antitrust"
violations. Ditto for any other tycoon who arms the State with political
the rich would stop supporting the two political parties, the foundations
that peddle collectivism, and the "centers" that produce
these ridiculous studies, they would do more than help themselves.
would cripple the envy industry.
columnist R. Cort Kirkwood [send
him mail] is managing editor of the Daily News-Record
in Harrisonburg, Va.
© 2003 LewRockwell.com
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