Tag Archives: wealth

Economics Made Simple

Ed Kless gave a great presentation on “Economics Made Simple” tonight. Using an interactive game, he demonstrated how wealth is created by simply trading items among individuals. Since I hear things like ‘it is a zero sum game’ and ‘the … Continue reading

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FairTax

I listened to a pitch for the “Fair Tax” tonight. It is a consumption tax (sales tax) that would replace ALL other federal taxes. I’m convinced taxes on consumption are a much better idea than other forms of taxes in … Continue reading

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Makers vs. Takers at Occupy Wall Street

Good and short video claiming to know the ‘fundamental problem’ that OWS is mad about. Makers vs. Takers at Occupy Wall Street – YouTube.

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The Richest 10% of Americans…

Often I hear arguments like “The richest 10% of Americans own 66% of the assets” used to explain how “unfair” things are for us in the USA.  I wonder if everyone understands that if it was “fair”, then the richest 10% of … Continue reading

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Rich Get Richer, Poor Get Richer Too

One of the biggest lies perpetuated by the ignorant and those who manipulate others is: “the rich get richer and the poor get poorer”. In one of his best 10-minute videos yet, Bill Whittle starts there, and gets deeper- down … Continue reading

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The Rich get Richer and the Poor Poorer

More wisdom from Letxa.com: Saying that “a tax cut favors the rich” is either based on ignorance (given that you can only give a tax cut to someone that pays taxes, and that the “rich” are really the only ones … Continue reading

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