The following is a letter to the editor that I submitted to the Richmond Times Dispatch on December 17, 2001, and was published on December 24. Editor, Times Dispatch: The Left has been outraged by recent proposals to lower corporate taxes. We are told that what the government must do is to spend tax revenue on health and unemployment benefits. At whose expense? Contrary to the statist theories of the demand-side Keynesian economists who are quoted daily by the media, it is corporate investment that strengthens America through the creation of jobs and wealth, not spending by the government. Production drives consumption, not vice-versa. Yet, corporate America is derided as “Big Business” or “the wealthiest one-percent”, and some members of Congress would rather fund their entitlements on the backs of the most productive group in our nation. Afterall, “the Public Need” trumps profit. It is immoral to penalize corporations and the wealthy with higher taxes and then redistribute this property to those who didn’t create it just because “the wealthy can afford it” (and, therefore, are less equal under the law). What is needed is to take the proposed entitlement spending and buy every member of Congress a copy of Atlas Shrugged. -Bob Murphy. Richmond This version was published in the Washington Post the same day. Robbing the Wealth Creators Sen. Tom Daschle is outraged by proposals to cut taxes for corporations [news story, Dec. 16]. He said we must spend tax revenue on health and unemployment benefits At whose expense? Corporate investment strengthens America through the creation of jobs and wealth. Production drives consumption, not vice-versa. Yet corporate America is derided as "big business" or "the wealthiest 1 percent." It is immoral to penalize corporations and the wealthy with higher taxes and then redistribute this property to those who didn't create it just because "the wealthy can afford it." What is needed is to take the proposed entitlement spending and buy every member of Congress a copy of "Atlas Shrugged."