October 29, 2008 at 1:21 pm
We’ve heard a lot lately about “redistribution of wealth.” What would the American Founders think? Property rights provide the foundation of prosperity. As Americans, we’re accustomed to a revolutionary guarantee that we may labor, earn wages and acquire property — and rest assured that what we earn and acquire will be secure. It’s a simple promise that survives despite the income tax system: Americans get to keep what we earn. The right to enjoy the rewards of your labor is a powerful incentive to work hard and pursue opportunity — … More
