In response to the individual who claimed last week that the new tax plan is “the largest transfer of wealth in the world’s history,” I must heartily disagree.
Indeed, the exact opposite just occurred.
There are only three ways to transfer wealth: you buy something, you sell something, or the government takes it from you in the form of taxes to give (transfer) to someone else.
There is no logical argument to be made that wealth is being transferred when businesses and people are allowed to keep more of their own money.
Robin Roy
Cinebar
