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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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Anti-War Blog – Journalist Leaked the Plans to Kill Fifty-Three People

It turns out that journalist Jeffrey Goldberg was ‘texted’ two-hours before the recent US attack on Yemen. Pete Hegseth, the US secretary of Defense texted him the war plan which included specific information about weapons to be used, targets and time of the strikes....

New WarNotes Podcast episode is Live Monday 24 March 2025

Ep 016 "Fixing Fight Club: Just Say No to NATO: Part Two" A continued discussion of the NATO debacle. It is time for America to completely reassess alliances and partnership around the world starting with NATO and then working its way down the list of useless and...

Reinventing the Economy w/Mike Maharrey

Mike Maharrey is back, and we discuss the Trump Administration’s plans for economic stability. Alp

Finland Pokes the Bear

President Stubb in Finland wants to expand the armed forces in Finland. Take a look at Finland on a map. Largest contiguous border with Russia in Europe. A population of 5.6 million. 5.6 million in one of the largest countries in Europe. The international border...

Carrier Follies Continue Apace

The military press seems to be coming around to the conclusion that has been floated here at the Institute for quite some time. The aircraft carrier has seen its time and it is time to retire the tired and anachronistic technology. Poor concepts, design and planning;...

Child Effigies

There was a time when Rebecca Black and her song, ‘Friday’ was a meme. It was popular for millions of people to tease, torment, stalk and threaten the life of a thirteen year old girl because of a music video, the digital mob was hungry for another child effigy to...

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The Fake China Threat and Its Very Real Danger

by Joseph Solis-Mullen

Today the front pages and bookstores are filled with tales of the so-called "China Threat." From spy balloons to Fentanyl pipelines, genocide to dreams of world domination: CHINA! But is it all true? Is any of it? Now, for the first time, the speciousness of these and...