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Technology Stocks : JDS Uniphase (JDSU)

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To: nihil who wrote (6893)2/29/2000 11:44:00 AM
From: Gerald Walls  Read Replies (2) of 24042
 
It's really simple. If you want to discourage something, you tax it. If you want to encourage something, you subsidize it. Socialism taxes success and rewards failure. If Socialism wins out (because of the greed of the "masses" wanting their free handouts) eventually everyone is brought down to the same level. As more and more people quit trying to succeed because the penalty for success is too steep, the penalty (taxes) must be made even steeper to continue to fund the handouts which discourages success even more. Finally the whole system collapses because there's no one left to tax in order to fund the handouts. Only capitalism encourages success by allowing those who succeed to keep the fruits of their labor.
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