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It may be worth questioning how the wealthy originally acquired their money. Accumulating hundreds of millions or even billions in capital seems to be based on fairness only in rare, exceptional cases.

However, if we set this line of thinking aside for the moment, it becomes clear that wealthy people also spend much more money than citizens with fewer resources. High sales automatically translate to high economic output. This, in turn, leads to jobs and opportunities to meet the demand for various goods and services.

For example, a poor country has low economic output. People cannot spend much money, so there is little demand. Prosperous nations are always characterized by high energy demand. High energy consumption is therefore a clear indicator of a prosperous country. If a country’s energy demand is artificially reduced through government intervention, this can only lead to a decline in prosperity.

So if the wealthy and corporations are taxed excessively, they will look to other countries to produce their goods or services. A country suffers only disadvantages when large fortunes are decimated, for example, by progressive tax programs. It is well known from Austrian economic theory that poverty cannot be prevented by redistributing wealth. The opposite is true, and that is why the tax systems of most countries in the world are not only unfair but also pose a threat to prosperity.