QUESTION: A helping hand is not socialism I get perturbed about the lack of distinction between socialism and where a helping hand of the kindly state ends. I refer with due respect to your blog on differences between capitalism and socialism. Marty, As you know in all families there are those children and some adults who need a helping hand to get on their feet in order to start running. Giving them a chance, a break, a start is not taking away their dignity. It is actually a good thing and binds the families together. A bridge over troubled waters from the state is not socialism, it is good old common sense.
Can you please help us understand where to draw the line?
Thanks for all the good work you do.
ANSWER: I fully agreed that there is a place for charity. When you do something for someone it makes you feel good inside, which is a selfish feeling I suppose. There are people who do not understand giving anything. I discovered that in my own case with the government. I had purchased computers for the grade school I attended and funded computer classes during the early 1990s, way ahead of just about anyone starting very young 3rd grade and up. They would send me photos to show the progress. I did not take a tax deduction because you always had to defend such things with government. Any deduction is like taking bread out of their mouths and they are not charitable people generally so they suspect anything you do. I preferred to do it all anonymously so I was the mysterious benefactor and the terms were that my name was not to be revealed. It was just cleaner that way.
The receivers on my case, Alan Cohen and Tancred Schiavoni, demanded all these missing computers I had bought for they might have vital information on them. They didn’t believe someone would do such a thing buying computers for an entire school, I suppose, because people judge others based upon themselves. They contacted the school to verify the story and somehow still did not believe me.
John D. Rockefeller’s benefactions from 1855 to 1934 totaled $530,853,632 before there were tax deductions. It was Rockefeller who probably made the largest donation to help the American Red Cross become who they are today. Most of the people I have known who made a lot of money donate to various efforts, not for tax deductions, but to feel they are giving something back.
Government is incapable of feeling anything and they are certainly incapable of running anything, including a charity or bubblegum machine. Those in government are either insanely greedy or insanely jealous of anyone in the private sector. Very few people in government are benevolent outside of the people who are there just for the job. There is no right or wrong with government — they are always right. That is why people have said you cannot fight City Hall. They fine people for various things and then that becomes the incentive to punish people. I remember my father took a position as a judge in a local municipality and the politicians told him they wanted the maximum fines imposed for everything. He refused and quit.
Socialism is only power for government. They promise all sorts of things and then constantly default. Look at Social Security. They keep raising the age and reducing benefits after taxing you your whole life. Government is in this for itself. They always talk about the “rich” and income tax, but they borrow from the poor and middle class without interest and then hand them a refund check as if they are magnanimous once a year. They blame the “rich,” saying when the stock market goes up they get richer. Yet they deny the average person the right to invest by stuffing Social Security with government bonds and denying people the ability to invest in the markets.
The line should be drawn clearly. Government should get out of the socialism pretense that just lines their pockets. End the income tax and simply have a sales tax; then it would not matter if someone were an alien who, unlike citizens, do not have to pay income taxes. Consumption taxes should be the only way to fund local government. You do not need mayors for every little town and separate police forces. We have so much duplication in government that consumes the national wealth. People would be a lot better off if they were free to invest and participate in the economy without government interfering all the time.
Welfare should be abolished as is and if you cannot find a job, then you work for government. That is distinguished from disability. I have a friend who was injured on a motorcycle 20 years ago. He can function only with a pain management system with a pump they put in him. Because of the pill mills, new regulations threaten to render him disable once again. This is government. Incapable of doing anything right – ever. My advice to him is to go into federal court for they are endangering his life when he has had this system for 16 years with not side effects.
Society is caring and giving as a whole. Government is not. We also need to prevent fraud like the Clintons pulled off for the pretend relief of Haiti.
https://www.armstrongeconomics.com/world-news/taxes/where-to-draw-the-line-between-charity-socialism/
Today at 5:02 pm by Rocky
» MM&C 11/14/24 Central Bank Governor Urges Türkiye to Open Accounts for Iraqi Banks
Today at 5:00 pm by Rocky
» utube 11/13/24 MM&C MM&C News-Private Sector- Electronic Payments-Reconstruction-Development-Digit
Today at 5:17 am by Rocky
» utube 11/11/24 MM&C News Reporting-IRAQ-USA-Financial Inclusion up 48%-Money Inside & Out of Iraq
Today at 5:16 am by Rocky
» Al-Mandlawi to the UN envoy: The supreme authority diagnosed the problems and provided solutions for
Today at 5:15 am by Rocky
» Saleh: Government strategy to boost gold reserves as part of asset diversification
Today at 5:14 am by Rocky
» Prime Minister's advisor rules out oil price collapse: Trump's policy will not sacrifice petrodollar
Today at 5:09 am by Rocky
» Tripartite alliance between Iraq, Egypt and Jordan to boost maritime trade
Today at 5:06 am by Rocky
» Parliamentary Committee reveals date of entry into force of Personal Status Law
Today at 5:03 am by Rocky
» Al-Fatah warns against US blackmail and Trump's intentions for the next stage
Today at 5:02 am by Rocky
» A leader in the law: If the Americans do not leave on their own two feet, we will expel them in fune
Today at 5:00 am by Rocky
» MP: Next Sunday's session will witness the passing of "important laws"
Today at 4:59 am by Rocky
» There is a financial aspect.. Al-Zaidi rules out voting on the real estate law
Today at 4:57 am by Rocky
» "Promising" economic opportunities in central Iraq open doors to investment, trade and unemployment
Today at 4:55 am by Rocky
» Minister of Transport: Arab interest in the development road project
Today at 4:53 am by Rocky
» Bitcoin Fails to Maintain Its Meteoric Rise
Today at 4:51 am by Rocky
» Amending the retirement age on the parliament's table.. This is the latest that has been reached
Today at 4:50 am by Rocky
» Launching the Health Unit Initiative in Iraqi Schools
Today at 4:49 am by Rocky
» Will Iraq be the savior of the countries of the region if oil prices fall?
Today at 4:48 am by Rocky
» Regarding electrical energy.. Government moves to meet the needs of next summer
Today at 4:47 am by Rocky
» {Retirement age} sparks debate in parliament
Today at 4:46 am by Rocky
» Minister of Transport to {Sabah}: Arab interest in the development road project
Today at 4:45 am by Rocky
» Planning: Two important pre-census activities start today and tomorrow
Today at 4:43 am by Rocky
» Next week.. contracting with 2500 applicants on a {contract} basis
Today at 4:42 am by Rocky
» Service Effort: Opening 30 projects in agricultural areas next month
Today at 4:41 am by Rocky
» The House of Representatives issues a clarification regarding its tenders and official invitations
Today at 4:36 am by Rocky
» Issuance of (3000) new decisions for politically dismissed employees and non-employees
Today at 4:34 am by Rocky
» Al-Sudani discusses cooperation in the field of energy and development of the oil and gas sector wit
Today at 4:32 am by Rocky
» Trade: Transferring 400 billion dinars to pay farmers’ dues for the remaining wheat for the northern
Today at 4:31 am by Rocky
» Iranian Minister of Trade and Industry Injured During Trip to Kurdistan
Today at 4:29 am by Rocky
» Chairman of the Integrity Commission: Corruption negatively affects reconstruction and development a
Today at 4:28 am by Rocky
» Strengthening judicial cooperation on the table of Judge Zidane and his Turkish counterpart
Today at 4:26 am by Rocky
» Al-Sudani directs the Ministry of Oil to communicate with Shell to implement projects that serve Ira
Today at 4:25 am by Rocky
» One of them is "protocol".. A politician determines the extent of the difference between Al-Sudani's
Today at 4:24 am by Rocky
» Iraq confirms its keenness to support OPEC unity to ensure oil price stability
Today at 4:22 am by Rocky
» It may drop to 40%.. Al-Kanani warns of a sharp drop in oil and directs an urgent call to the govern
Today at 4:21 am by Rocky
» Distribution next week.. The region will receive nearly 533 billion dinars to finance its employees’
Today at 4:20 am by Rocky
» Iraq expresses interest in cooperating with major international oil companies
Today at 4:19 am by Rocky
» Criticism follows the performance of the Minister of Foreign Affairs in international positions.. Wi
Today at 4:18 am by Rocky
» Al-Mashhadani's election "embarrassed him"... Will Al-Sudani implement the ministerial reshuffle?
Today at 4:14 am by Rocky
» Will the "dollar crisis" topple the central bank governor?
Today at 4:11 am by Rocky
» The Oil and Gas Law Returns to the Forefront... Will Al-Sudani Be Able to Resolve the Disputes Over
Today at 4:09 am by Rocky
» Oil Licenses in Basra: An Environmental Disaster That Raises Cancer Rates and Suffocates the Populat
Today at 4:08 am by Rocky
» Iraq begins intensive campaign to deport illegal foreign workers and regulate the labor market
Today at 4:06 am by Rocky
» Government advisor explains Baghdad Metro project specifications and confirms its continuation witho
Today at 4:05 am by Rocky
» Al-Mashhadani to the 188 Alliance delegation: The best solution is to give people the freedom to cho
Today at 4:04 am by Rocky
» Parliamentarian: Ambassadors and representatives of foreign missions came to Parliament to prevent t
Today at 4:03 am by Rocky
» Al-Sudani's advisor reveals the reasons for the lack of gold in the government's reserves
Today at 4:02 am by Rocky
» New fortifications close the most dangerous border gaps between Iraq and Syria
Today at 4:01 am by Rocky
» "Baghdad breathes a sigh of relief" .. Closing of 144 illegal factories that emit toxins into the ai
Today at 4:00 am by Rocky
» Iraqi oil prices continue to decline amid global price decline
Today at 3:59 am by Rocky
» “The War of Leaks” Confuses the Political Scene... Blackmail or Expose of Corruption?
Today at 3:56 am by Rocky
» Government sends budget amendment to resolve differences with region
Today at 3:55 am by Rocky
» More than 800 “dual-job” employees work at Najaf Airport
Today at 3:54 am by Rocky
» Slight rise in dollar prices against the dinar in Iraqi stock exchanges
Today at 3:49 am by Rocky
» Where did the parliamentary discussions on the "retirement age" reach?
Today at 3:48 am by Rocky
» The region "mobilizes" for the first census in 37 years: It will increase the budget share and the n
Today at 3:47 am by Rocky
» "Thousands of them are suspended" .. Draft laws challenge the remainder of the life of the current p
Yesterday at 5:00 am by Rocky
» Population, oil and salaries...hot files in the meeting between Al-Sudani and Barzani
Yesterday at 4:56 am by Rocky
» Political attempts to obstruct it.. Personal Status Law on its way to legislation
Yesterday at 4:54 am by Rocky
» MP: Al-Sudani has reached the conviction of the necessity of removing some ministers
Yesterday at 4:53 am by Rocky
» Central Bank announces progress in dollar control procedures
Yesterday at 4:49 am by Rocky
» Baghdad.. Closing 144 informal metal smelting factories to reduce pollution
Yesterday at 4:47 am by Rocky
» Private Banks Association: Iraq to adopt advanced trade finance system by end of 2024
Yesterday at 4:46 am by Rocky
» Severe imprisonment for former Minister of Transport for deliberately violating his job duties
Yesterday at 4:44 am by Rocky
» 4 new pharmaceutical factories
Yesterday at 4:43 am by Rocky
» Iraq's move to attract $250 billion in investments welcomed
Yesterday at 4:40 am by Rocky
» Financial inclusion and banking restructuring
Yesterday at 4:39 am by Rocky
» Iraq records 4% economic growth, moves towards sustainable diversification
Yesterday at 4:38 am by Rocky
» Al-Sudani and Barzani discuss finding solutions to common issues "according to the constitution"
Yesterday at 4:33 am by Rocky
» Requesting Iraqi mediation.. US delegation arrives in Baghdad to follow up on the "hotline" with Teh
Yesterday at 4:32 am by Rocky
» Iraqi oil continues to decline for the third day in a row
Yesterday at 4:31 am by Rocky
» Population census in Iraq: social and political importance and a major challenge for the government
Yesterday at 4:30 am by Rocky
» Next Thursday.. the start of the first phase of the census
Yesterday at 4:28 am by Rocky
» 11 international companies compete to operate Faw Port
Yesterday at 4:27 am by Rocky
» Baghdad conveys Trump's message to Tehran: Stop proxy wars... and confirms removing the opposition f
Yesterday at 4:24 am by Rocky
» Iraq contracts to purchase defense systems and helicopters
Yesterday at 4:23 am by Rocky
» Has Al-Sudani's government succeeded in keeping the fire away from Iraq?
Yesterday at 4:22 am by Rocky
» Justice announces the Ministry of Finance’s approval to appoint contract employees in all judicial d
Yesterday at 4:20 am by Rocky
» Expert: Traders’ dealings with sanctioned markets trigger demand for dollars on the black market
Yesterday at 4:19 am by Rocky
» Anbar.. Al-Waleed District summarizes the completed and under-construction projects for the current
Yesterday at 4:17 am by Rocky
» A government delegation reviews the work stages and completion rates at Nasiriyah International Airp
Yesterday at 4:16 am by Rocky
» Al-Mashhadani to the Sovereignty Bloc delegation: The necessity of turning the page on differences b
Yesterday at 4:15 am by Rocky
» Al-Hasnawi: Iraq will benefit from green climate funds to improve the environment
Yesterday at 4:14 am by Rocky
» New decisions approved by the Council of Ministers during today's session
Yesterday at 4:12 am by Rocky
» The Chairman of the Trade Bank of Iraq reveals to Alsumaria the interest rate on loans
Yesterday at 4:10 am by Rocky
» The 10 cheapest countries to pay electricity and gas bills.. Where is Iraq?
Yesterday at 4:07 am by Rocky
» Al-Sudani and Nechirvan Barzani at one table in Erbil
Yesterday at 4:06 am by Rocky
» Here are the dollar prices in the Iraqi stock exchanges
Yesterday at 4:04 am by Rocky
» Parliamentary Committee Reveals to Alsumaria Latest Developments in Israeli Violation of Iraqi Airsp
Yesterday at 4:02 am by Rocky
» The largest of its kind in Iraq.. Launching a pioneering medical conference for professional develop
Yesterday at 4:01 am by Rocky
» A source explains the circumstances of transferring 75% of the Ministry of Interior’s civilian emplo
Yesterday at 3:59 am by Rocky
» Weapons are becoming more "loose" and the Interior Ministry is "politicizing"
Yesterday at 3:58 am by Rocky
» Government messages to citizens regarding the population census in Iraq
Yesterday at 3:56 am by Rocky
» What is Iraq's ranking in the Artificial Intelligence Index?
Yesterday at 3:54 am by Rocky
» utube 11/9/2 MM&C News Reporting-Sudani Art IV IMF-Port Faw Open-CBI Governor-No Room for Tw
Tue 12 Nov 2024, 7:08 am by Rocky
» Finance Committee discusses revenue enhancement and investment budget allocations with governors
Tue 12 Nov 2024, 7:06 am by Rocky
» His advisor: Al-Sudani's visit to Kurdistan focuses on these files
Tue 12 Nov 2024, 7:03 am by Rocky
» Al-Tamimi explains the importance of the real estate return law
Tue 12 Nov 2024, 7:02 am by Rocky