A government entity does not necessarily create jobs. In simple terms, it redistributes private wealth it acquires through taxation into public goods. Jobs are actually created by productive individuals who utilize a set of skills that are worthy of compensation.
I use the term “worthy” for many reasons – the main reason being the requirement of value to be transferred between two productive individuals to create a job. A government entity will claim to create value by redistributing private wealth through taxation into various public goods. The true value of many public goods is, more often than not, embellished and rarely quantifiable.
I have followed Grover Norquist’s efforts to encourage elected officials to sign the Taxpayer Protection Pledge. The Pledge “asks all candidates for federal and state office to commit themselves in writing to the American people to oppose all tax increases”.
I would sign this Pledge and so would many of my millennial counterparts. We know that a vigorous debate on the value of public goods will only occur under circumstances of resource (i.e., tax) constraint. Let’s find useful ways to build on the Taxpayer Protection Pledge in the digital landscape. It will help us shape the inevitable debate on job creation and the value of public goods.
Thanks for reading my ninth blog post.
The Republican Millennial