Tag: wealth redistribution

Biden Administration’s New Mortgage Policy: Unjust and Dangerous

May 23, 2023
biden administrationFederal Housing Finance AgencymortgageOpinionViewpointswealth redistribution
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Commentary One of the essential lessons most of us are taught early in life is the importance of developing a sense of financial responsibility. Work hard to earn a good paycheck. Don’t spend more than you can afford. Save for the future. Eventually, following these steps will land you in a position where you can…

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Guaranteed Income: A Slap in the Face to Workers

September 21, 2022
Guaranteed IncomeOpinionViewpointswealth redistribution
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Commentary Democratic politicians across the United States are pushing for guaranteed monthly cash handouts to the poor. No strings attached. No work required. Taxpayers foot the bill. This scheme, which is already being rolled out in Los Angeles, Chicago, Providence, Rhode Island, Denver, and numerous other cities, needs to be stopped. It’s turning people who…

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Xi Jinping’s New Wealth Redistribution Plan Unsettles Investors

August 24, 2021
Analysismixed ownershipOpinionThinking About Chinawealth redistributionXi Jinping
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Commentary Chinese leader Xi Jinping explained his theory of Politics in Command Economy as creating “a great modern socialist country that is prosperous, strong, democratic, culturally advanced, harmonious, and beautiful.” In a 2016 speech, he told business leaders that in addition to making money, they had to love the motherland and love the Communist Party….

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Warren’s Wealth Tax Is Trojan Horse for Socialism

March 3, 2021
Elizabeth WarrenOpinionsocialismtaxesUltra-Millionaire TaxViewpointswealth redistributionwealth tax
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Commentary Like most socialists, Sen. Elizabeth Warren (D-Mass.) is enamored with class warfare and wealth redistribution. Warren’s political career has been predicated on vilifying productive Americans while nurturing a sense of victimhood among the unproductive. Although Warren’s socialist streak probably prevented her from becoming her party’s 2020 presidential nominee, she’s not backing down. In fact,…

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