It is really a simple concept. The person who owns his business has an unalienable right to take whatever profits or assets he wants from his own property. If he does that in a smart way, he enjoys the fruit of his own labor/investment--if he does that foolishly his business will suffer or fail. But it is his property to do with as he wishes.
The wise investor invests in companies with an owner with a proven track record for honesty and integrity and/or the business with a proven track record for providing a good product and/or service that earns profits in most years. Those who gamble on just anybody for short term profit--i.e. day traders--can lose their shirts and deserve to do so as they are doing nothing other than gambling.
However. . . .
If the business owner has partners or shareholders, he does not have the right to abscond with their THEIR property and, if he does so, he is committing theft and is subject to penalties of the law as well as being subject to civil suit from those he defrauds or steals from.
In my opinion, in a perfect world, the producers would be the only ones who would have the right to vote on what a 'fair share' of taxes the producers would pay when it is only the producers who will pay it.
The wise investor invests in companies with an owner with a proven track record for honesty and integrity and/or the business with a proven track record for providing a good product and/or service that earns profits in most years. Those who gamble on just anybody for short term profit--i.e. day traders--can lose their shirts and deserve to do so as they are doing nothing other than gambling.
However. . . .
If the business owner has partners or shareholders, he does not have the right to abscond with their THEIR property and, if he does so, he is committing theft and is subject to penalties of the law as well as being subject to civil suit from those he defrauds or steals from.
In my opinion, in a perfect world, the producers would be the only ones who would have the right to vote on what a 'fair share' of taxes the producers would pay when it is only the producers who will pay it.
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