"By taxing capital and using it on handouts, you're essentially burning that value; "
If you tax the money from Zuckerber and give it out as "handouts" as you say, what do you think happens to the money?
You think it just disappears?
What happens that every $ that is given out to people who need it will use the money to buy things they need, their food, energy, their utilities etc. This consumption and the flow of money is exactly what lubricates the economic machinery and creates new growth.
When people have money to spend there are new things and services to build and sell!
If you deprive people from money, how do you create business when nobody can afford to buy whatever it is that you're making?
Henry Ford already knew this that if people don't have money to buy his cars he has no business!
If you tax the money from Zuckerber and give it out as "handouts" as you say, what do you think happens to the money?
You think it just disappears?
What happens that every $ that is given out to people who need it will use the money to buy things they need, their food, energy, their utilities etc. This consumption and the flow of money is exactly what lubricates the economic machinery and creates new growth.
When people have money to spend there are new things and services to build and sell!
If you deprive people from money, how do you create business when nobody can afford to buy whatever it is that you're making?
Henry Ford already knew this that if people don't have money to buy his cars he has no business!