Antonius Aquinas via AnotoniusAquinas.com,
What Bergoglio and his fellow socialists do not understand is that tax cuts lead to economic growth, whether they are for higher or lower income groups. The less wealth that the State confiscates, the more is available to be used for saving and investment – two keys to economic growth. The rich do not horde their money but expand and create businesses which leads to more and better paying jobs for lower income groups who supposedly Bergoglio wants to help.
The poor will only be uplifted by greater production where more goods and services are available at lower prices. Redistribution of income via taxation does not create new wealth, but simply transfers existing wealth from the productive class. Moreover, taxation has the deleterious effect of making individuals produce less since their efforts are siphoned off at the point of a gun. More taxation means less production and, thus, less and more expensive goods for the poor.