Video: Ron Paul Says Welfare Helps the Wealthy

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During CNN’s Republican debate in Florida on Thursday, Republican presidential candidate Ron Paul said he wants to abolish all income taxes and stop the transfer of wealth from the middle-class to the rich (video below).

Rep. Paul said: "My goal is to get rid of the 16th Amendment and the only way you can do that is not run a welfare system and a warfare system. I do want to address the subject about taxing the rich. That is not a solution."

"But I understand and really empathize with the people who talk about the 99 and the 1 because there is a characteristic about what happens when you destroy a currency. There is a transfer of wealth from the middle class to the wealthy, and this has been going on for 40 years.”

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