The
NBR rich list is in the news again, with Labour MP’s showing us what to expect when
they next take over the sand-pit in the Fortress of Legislation:
The rising wealth of those on the National Business Review Rich List raises questions about growing inequality in New Zealand, Labour MP Andrew Little says.The 2013 Rich List is bigger and richer than ever before with the total minimum net worth of members now at $47.9 billion, an increase of $3.5 billion on last year’s list.Graeme Hart again tops the list with an estimated net worth of $6.4 billion, up $400 million from last year.
When
you see mention of that word, inequality, it only means one thing for the Left:
the ledger has to be balanced up by the redistribution of taxation. Sorry, but
the majority of families in New Zealand earning under $60,000 are paying no net
tax after transfers, that’s near half the families in the country, while 12%
only of households, the high income earners, are paying 75% of the tax take. Never
was so much owed by so many to so few, yet the ruling ethic of a
philosophically bankrupt West is those few must be put to the Income Tax Act
2007 and plundered even more.
So
Graeme Hart and Bill Gates earn more than me: big deal. Doesn't mean their
lives are any better than mine; I have the money to buy everything I need, and
both these gentlemen and I squeeze through the toothpaste tube at the
same rate and that'll be the case no matter how much more they earn. All our
standards of living are unrecognisable to past generations thanks to the
industrial revolution and the innovation and wealth creation of free markets.
But to do what the social democrats are doing, regulating and destroying free
markets and forcibly taking the earnings these individuals and families have generated through risk
taking and entrepreneurship to 'even us all up', just takes all of our freedoms
away completely, and puts us living in the jail of Nanny State, our pursuit of
happiness destroyed. Best to leave people with their own
money, and create the right incentives for a free and prosperous society: don't
worry your neighbour might have more than you, because to 'fix' that you have
to legislate the surveillance state and subvert the civilised society
completely.
Before advocating legalised theft of other peoples' efforts, go rent a movie called The Lives of Others, and see if you really want to live in the world you'd have us all inhabit, Mr Little. Because that world ends in this:
Before advocating legalised theft of other peoples' efforts, go rent a movie called The Lives of Others, and see if you really want to live in the world you'd have us all inhabit, Mr Little. Because that world ends in this:
