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income tax

A Modest Proposal For National Discontent

by Zack Sorenson | Oct 9, 2018 | Blog

How about the South and Mountain West each become an independent nation "in free association" with the US? https://en.wikipedia.org/wiki/Marshall_Islands The deal is: you get to control immigration, taxes, trade (excepting ITAR - arms trade), but can have no...

Roving Bandit, Stationary Bandit, and Income Tax

by Robert Higgs | Feb 18, 2018 | Economics, Featured Articles

Many libertarians have embraced the slogan “taxation is theft.” I myself think it is more precise to say that taxation is extortion. But even saying that fails to capture how egregious taxation really is, especially income taxation. When a mugger or a home invader...

The Income Tax Implies that Government Owns You

by Jeffrey A. Tucker | Apr 19, 2017 | Economics, Featured Articles

The income tax is enshrined into law but it is an idea that stands in total contradiction to the driving force behind the American Revolution and the idea of freedom itself. We desperately need a serious national movement to get rid of it – not reform it, not replace...

Income Tax: No Honor Among Thieves

by Thomas L. Knapp | Apr 10, 2017 | Economics, Featured Articles

Former US congressman (and presidential candidate) Ron Paul kept a placard on his desk reading “don’t steal — the government hates competition.” Unfortunately for taxpayers, that competition is getting more frequent and more bold. According to US News and World...

Bill Gates’s Robot Tax Is a Terrible Idea

by Jonathan Newman | Mar 7, 2017 | Economics, Featured Articles

Bill Gates has called for a “robot tax” to help maintain government tax revenue when human laborers are let go because a “robot comes in to do the same thing.” He seems to be following the same line of argument that many make for a universal basic income: when a...

Idaho Bill Would End Taxation of Gold and Silver

by Jp Cortez | Feb 24, 2017 | Economics, Featured Articles

The Framers of our nation established that gold and silver are money, but federal taxing authorities in recent decades have required taxpayers to pay taxes on this form of money when its exchange for Federal Reserve Notes results in nominal capital “gains.” But that...

The Bureaucracy Is Now More Powerful Than Congress

by Gary Galles | Nov 27, 2016 | Economics, Featured Articles

Who creates federal laws? Civics books say it is Congress, but the real answer today may be the executive branch. Earlier this year, James Gattuso and Diane Katz reported that just the 229 major regulations issued since 2009 added over $100 billion in annual costs...

Keynes Would Have Loved Trump’s Economic Plan

by Frank Shostak | Nov 22, 2016 | Economics, Featured Articles

Trump’s plan is what Keynes would have prescribed! Most economic commentators such as a Nobel Laureate Paul Krugman should be delighted with the US president-elect Donald Trump’s economic plan for it is going to be along the lines of Keynesian economics. One of...

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Biden’s Middle East Legacy: Reality or Illusion? New Episode of the Kyle Anzalone Show

In this episode of the Kyle Anone Show, we unpack the narratives being crafted by officials in the waning days of the Biden administration. Jade Sullivan's recent interview with Ian Bremmer reveals surprising developments in the Middle East that have shaped our...

Competition Is Cooperation

"The pricing process is a social process. It is consummated by an interaction of all members of the society. All collaborate and cooperate, each in the particular role he has chosen for himself in the framework of the division of labor. Competing in cooperation and...

Anti-War Blog – “The world is so beautiful. Let me leave calmly…”

“That's it, mum, goodbye,” he is dying, dead, a Ukrainian soldier in his last moments caught on helmet camera makes his peace. The eight minutes leading up to his death have been shared on social media, a close combat struggle between him and his Russian counterpart....

Crucial Economic Calculation

"The advocates of totalitarianism consider 'capitalism' a ghastly evil, an awful illness that came upon mankind. In the eyes of Marx it was an inevitable stage of mankind’s evolution, but for all that the worst of evils; fortunately salvation is imminent and will free...

If You Read One Book This Year

Knowledge and Decisions by Thomas Sowell This new year, please take the time to read this book, one of the most important books for my thinking in my lifetime. It speaks to my observation on war being a collision of complex adaptive systems informed by “institutional...

Which Came First: The Individual or the Group?

"It is illusory to believe that it is possible to visualize collective wholes. They are never visible; their cognition is always the outcome of the understanding of the meaning which acting men attribute to their acts. We can see a crowd, i.e., a multitude of people....

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