Well, it sounds to me a little bit like what the French philosopher Bastiat wrote. He was a legislator. He called it ``institutionalized theft.'' If a thug hits you on the head and takes your wallet, we call it ``stealing,'' but what happens when the government takes money that legitimately it should not be taking? We call that ``institutionalized theft'' or sometimes ``socialism.'' Thank you very much, gentlemen, for joining me. I really hope that this has been informative. Thank you, Mr. Speaker.
W. Todd Akin: “Well, it sounds to me a little bit like what the French philosopher Bastiat wrote. He was a legislator. He called it…”
Editor's note · Context
Discussing the concept of government taxation and its comparison to theft.
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