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The modern welfare state, highly touted as soaking the rich to subsidize the poor, does no such thing. in fact, soaking the rich would have disastrous effects, not just for the rich but for the poor and middle classes themselves. for it is the rich who provide a proportionately greater amount of saving, investment capital, entrepreneurial foresight, and financing of technological innovation that has brought the unites states to by far the highest standard of living - for the mass of the people - of any country in history.
-Murray Rothbard
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The Modern Welfare State, Highly Touted As

Murray Rothbard
The modern welfare state, highly touted as soaking the rich to subsidize the poor, does no such thing. in fact, soaking the rich would have disastrous effects, not just for the rich but for the poor and middle classes themselves. for it is the rich who provide a proportionately greater amount of saving, investment capital, entrepreneurial foresight, and financing of technological innovation that has brought the unites states to by far the highest standard of living - for the mass of the people - of any country in history.
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Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. it would truly be killing the goose that lays the golden eggs.
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To lay taxes to provide for the general welfare of the united states, that is to say, 'to lay taxes for the purpose of providing for the general welfare.' for the laying of taxes is the power, and the general welfare the purpose for which the power is to be exercised. they are not to lay taxes ad libitum for any purpose they please; but only to pay the debts or provide for the welfare of the union.
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We stand for a living wage. wages are subnormal if they fail to provide a living for those who devote their time and energy to industrial occupations. the monetary equivalent of a living wage varies according to local conditions, but must include enough to secure the elements of a normal standard of living-a standard high enough to make morality possible, to provide for education and recreation, to care for immature members of the family, to maintain the family during periods of sickness, and to permit of reasonable saving for old age.
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Somehow, the fact that more poor people are on welfare, receiving more generous payments, does not seem to have made this country a nice place to live - not even for the poor on welfare, whose condition seems not noticeably better than when they were poor and off welfare. something appears to have gone wrong; a liberal and compassionate social policy has bred all sorts of unanticipated and perverse consequences.
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