Hartzman Tax & Fiduciary: Could many who believe the government should pledge to tax ever larger portions of their children’s future income to prevent the failure of insolvent businesses, be indirectly advocating a political system other than capitalistic democracy?

5/15/11

Could many who believe the government should pledge to tax ever larger portions of their children’s future income to prevent the failure of insolvent businesses, be indirectly advocating a political system other than capitalistic democracy?

Capitalism without financial failure is not capitalism at all

but a kind of socialism for the rich

James Grant

Does intervention delay real recovery?

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