Some Things Work Great In Theory But Not In Reality

Recently, I was reading an email that someone had sent to me about a customer at a restaurant who had just finished eating and the waiter had left the bill and was expecting a tip from his customer for about $10 because he had worked very hard for his customer bringing drinks back and forth and waiting on him hand a foot.

When the waiter came back for the bill the customer explained to the waiter that he was not going to leave a tip for him but instead leave it to the homeless man outside the restaurant.  The waiter went into a rage and explained that he worked very hard for that tip and deserved it.  As the customer got up to leave he said to the waiter, not to be upset it’s just redistribution of wealth.

My goal in this post is to show that in theory spreading wealth seems like a good option but reality will never work.

The Theory Part Of It.

With all of this talk lately about spreading the wealth around in today’s economy I realize how we could say this would be fair in theory.  With CEOs making millions with government bailouts and buyouts form other financial organizations who wouldn’t be upset.  Millions of Americans have worked hard for there money to only have it dwindle away in the stock market to others who already have enough money.

In theory this sounds like a great plan.  Just like Robin Hood use to say:

Take from the rich and give to the poor.

Though is this the right way to go about things.  When you talk about CEOs making millions I can see where there coming from but lets look at it from a different angle.

Recently, I heard of a man down in Florida who was in talks with his Real Estate agent to buy some land to open up a second grocery store.  Before he decided to buy the land he decide to talk to his accountant first and see what kind of tax he would be paying on this new store if the tax code would change. 

As a result his accountant urged him not to build a new store because he will end up having to pay so much in new taxes because he will have to help with spreading the wealth.  The business owner who employees 27 people at his current store decide to hold off on building a new store because his taxes on his store would increase to drastically. 

The Reality Part Of It.

The reality is if you work hard and others don’t you still get the same as everyone else.  Just like the waiter in the beginning of the post he worked very hard for what he wanted but yet didn’t get it due to others who decided his money should go to the homeless man.

The true question you really have to ask yourself here is do you want a freedom of choice in life for what you earn and keep or would you rather have someone decide that for you?

What do you prefer?  Leave me a comment and let me know.

How This Will Effect Are Economy?

People in this country work hard for what they want but with wealth redistribution people won’t have to.  Working hard and reaping the benefit of it will fade away.  For those that don’t work so hard will get more. 

Does this sound like a problem to you?

Yes this will eliminate those that make millions from bailouts and buyout but what about the average Joe who owns the grocery store or the small restaurant or any other small business.  They will have to pay too.

Because small business owners will have to pay also they won’t be so eager to expand, increase profits, and create new jobs. The same will be for the working class.  They won’t strive to make more in fear of getting taxed more.  The economy will slow to a crawl because of a severe reaction that will echo through the economy not make to much money.

How This Will Effect You?

This will effect you in a few different ways. 

• You either make less money so you don’t get taxed more.
• Or you make more money and let someone else decide where your money will go.

Working hard and achieving success won’t have the same feel to it anymore.  The success you achieve will go to others who are less fortunate but not by your choice but by someone else’s.  In a sense you will be punished for working to hard and rewarded for hardly working at all.

What are Your Thoughts? 

Would spreading the wealth and redistributing it to others who are less fortunate solve the problem or will it create new ones.  When you reply on this post don’t just think about yourself think about what other will have to give up as well.