This is the biggest lie perpetuated from the left; that our vast social spending can be funded by only taxing the wealthiest 1%. The math just does not work. As Thatcher so famously noted, “You eventually run out of other people’s money.”
Read MorePope Francis offered his judgment on modern capitalism in his 50,000 word address, Evangelii Gaudium: Some people continue to defend trickle-down theories which assume that economic growth, encouraged by a free market, will inevitably succeed in bringing about greater justice and
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