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French riots over retirement age, a lesson to learn.

#27

The slogan taxation is theft is meant to make a point not taken literally. It's a slogan in libertarian circles meant to demonstrate the level of wealth confiscated at the point of force to redistribute across society. Only the most extreme anarchist belief all taxes are unjust. Most libertarians I know myself included will admit some taxes are necessary for a functioning society. The discussion becomes what must be state funded that can not be privatized and ran more efficiently.

My original point was again France is a prime example of how inefficient government is at wealth planning. Even with the confiscation of 2/3rds of wealth generated they can not sustain their retirement program as promised. The private sector out performs state control wealth generation everytime because the motivation is financial. The lesson we should learn is dependence on social security is a wasted resource. We should push to privatize social security and allow individuals to make their own investments the state ponzi scheme will never be sustainable.
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Messages In This Thread
homebiscuit - by homebiscuit - 03-24-2023, 06:35 AM
homebiscuit - by homebiscuit - 03-24-2023, 10:56 AM
RE: French riots over retirement age, a lesson to learn. - by EricC85 - 03-24-2023, 09:11 PM
Copycat - by copycat - 03-25-2023, 09:35 PM



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