by Paul Dowling
“There is one and only one social responsibility of business—to use its resources and engage in activities designed to increase its profits.”
Freedom Means Low Tax Burdens
Allowing people as much freedom for themselves as possible is a correct principle. Since financial freedom promotes more personal liberty and general welfare overall, keeping tax burdens low would be a correct principle, as well.
Low taxes benefit the poor, because they are burdened less and can save more money. This is rewarding, not only with regard to attainment of more financial freedom, but more self-esteem as well.
The middle-class benefits from low taxes, because they can set aside more money for old age or to start businesses. These businesses hire employees on an ongoing basis in order to expand. This kind of activity benefits the poor and the middle-class alike.
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