Joe Biden in the campaign speech. Illustrative image. Photo: Michael Stokes / Wikimedia Commons
When I started my job 25 years ago, my idea of mending poor and broken North American communities was driven by my belief in America and what made it successful.
This is what I call the three Cs: the principles of Christianity, the virtues of capitalism and the rule of law set out in our Constitution.
After the civil rights movement, statism was deemed necessary to redress poor communities.
When President Lyndon Johnson added his signature to the Civil Rights Act of 1964, the accepted assumption was that while there was a new law protecting freedom – civil rights – for all, black Americans to low income were not ready to be free and able to do so. be free.
A new era of statism brought welfare state socialism to these communities.
Despite tens of trillions of federal spending allocated to these communities since the 1960s, poverty rates have remained virtually unchanged. But new and important problems have been created – mainly the decimation of families. Since then, single-parent households and out-of-wedlock births have tripled.
Democrats today want to blame racism for the persistence of problems in low-income communities. In some ways, they are right. It is their own racism that has refused and refuses to accept that low-income Americans can and should be free.
Today President Joe Biden and his party aspire to the opposite of what I fought for.
Instead of wanting to take capitalism from the sane parts of America to the broken parts of the country, they want to shift the failed socialism of the welfare state from the broken parts of the country to the rest of the country.
The $ 6 trillion spent in the first 100 days of the Biden administration, sold under the guise of the Covid-19 takeover, aims to use the Covid-19 crisis to sell a new era of great socialist government, a state of social well-being that will fundamentally change America forever.
The US economy was already on track for recovery in the second half of last year and in the first quarter of 2021 it grew 6.4%, bringing the country’s gross domestic product almost to where it was before. Covid-19.
Contrary to President Biden’s rhetoric, the question of the link between prosperity and freedom has to do with facts, not ideology.
Every year, the Fraser Institute publishes its World Economic Freedom report, which consistently shows that countries with greater economic freedom – smaller government, lower taxes, less regulation – have the highest incomes and the lowest poverty rates.
In his speech to Congress, the president assured the American people that he could fund all this great government by making big, rich corporations pay their “fair share.”
But the facts about who pays the taxes tell a different story from the stories of the president’s colorful ideology.
According to the Non-Partisan Tax Foundation, which used the latest available data from the IRS (IRS), in 2018 the richest 1% of all taxpayers paid 40.1% of all taxes. The richest 50% pay 97.1% of all federal taxes. And the poorest 50% paid the remaining 2.9%.
What about large companies? Once again, the facts tell a different story.
Corporate income tax simply punishes workers with lower wages and punishes customers with higher prices. Boston University economist Laurence Kotlikoff estimates that a 0% corporate tax rate, focusing solely on personal taxes, would increase wages by 12%.
Giving the nation a civic lesson worthy of one of America’s decaying public schools, Biden used in his speech the opening words of the preamble to the Constitution – “We the people…” – to justify a great government.
But this preamble says that the Constitution was established to “secure the blessings of freedom for ourselves and our posterity.”
South Carolina Republican Senator Tim Scott, in his response to the President, pointed out what he has been through and what I have experienced throughout my professional life: that black people who talk about freedom and biblical values are greeted with mockery and left ridicule. .
Scott told the truth. The United States means freedom under God. Achieving this goal is the great challenge today.
Star Parker is a columnist for The Daily Signal and president of the Center for Urban Renewal and Education.
© 2021 The daily signal. Posted with permission. Original in English.