In Defense Of Entrepreneurs
By Matthew J. Brouillette via RealClearPennsylvania,
Like clockwork, U.S. Sen. Elizabeth Warren (D-Massachusetts) is again finding America's billionaires guilty by reason of existence, arguing the Elon Musks and Jeff Bezos of the world must donate more to the government via higher taxes.
Her premise is that the wealthy don't pay their "fair share," leaving the non-wealthy to suffer in a zero-sum game.
The problem is that Warren, and the many others in Congress like her, aren't simply attacking the wealthy; they are attacking the foundation of America's greatness - entrepreneurs.
Remember, "entrepreneurs" founded this great nation almost 250 years ago when they pledged their lives, the fortunes, and their sacred honor. Many of them were wealthy because they produced goods or services their fellow colonists voluntarily purchased.
Consider, for a moment, some of the wealthiest people in America: Elon Musk, Larry Page, Sergey Brin, Jeff Bezos, Larry Ellison, Michael Dell, and Mark Zuckerberg. Beyond eye-popping net worths, they, too, are entrepreneurs who have provided goods and services consumers voluntarily use every day.
And like entrepreneurs throughout American history, they have delivered transformative innovations employed not only across America but throughout the ...
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