"I have to believe that when things are bad, I can change them."
--James Braddock (Cinderella Man)
Frank Chodorov explains how incomes taxes work to soak the poor. Using social security as an example, he demonstrates that those who partake in social welfare programs lose thru increased dependence and thru the inevitable inflation that the State must use to pay entitlements.
Do you know what an interesting comparison would be? Examine the progress made in reducing poverty from the country's founding until 1913. Then look at the progress in reducing poverty since then.
Which period was more effective in reducing poverty?