taxes

The Ticking Time Bomb of Social Security

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At a time when President Biden and congressional Democrats are pushing to expand the breadth of entitlements to include free preschool and subsidized child care, little attention is given to the fact that the country’s biggest existing entitlement program—Social Security—is a financial wreck. The program’s payouts have exceeded revenue since 2010, but the recent past is nowhere near as grim as the future. According to the latest annual report by Social Security’s trustees, the gap between promised benefits and future payroll tax revenue has reached a staggering $59.8 trillion. That gap...

The Government Is Coming for Your 401K

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Quiet conversations are occurring in the halls of Congress, think tanks, NGOs, and academia on how to continue the enrichment of the public sector elites and their various complexes (military, education, financial, healthcare, and “non-profits”). The “wise men” know China's ability to absorb our inflationary monetary and fiscal policies is near capacity. Yes, the “undesirables” (mostly working class) are on their way out but with inflation rising the Federal Reserve cannot just keep printing money and monetizing the debt. A “wealth” tax on billionaires is not going to fly and will not...

Wall Street Is Setting a Trap For Bitcoin Buyers

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So Tuesday October 19th, 2021 was supposed to be the day that changed everything for bitcoin. And it may, just not in ways anyone bullish on crypto should be comfortable with. Finally the SEC approved a Bitcoin ETF, the ProShares Bitcoin Futures ETF (BITO) began trading this week to great fanfare in the cryptocurrency community. There was much rejoicing as Bitcoin hit a new all-time high which it has since given back. On the heels of that announcement Valkyrie changed the proposed ticker symbol for its Bitcoin Strategies ETF, another futures-based product, to BTFD. Gotta love the cheek,...

Don’t Draft Women (Or Men Either)

As in many previous years, this year’s National Defense Authorization Act (NDAA) is chock-full of terrible legislation slyly inserted for the purposes of concealing matters from the public. Both parties have been long guilty of this, with both groups using the NDAA to pass police state legislation increasing federal spying and law enforcement powers. All of the NDAA should be considered controversial, since so much of it is devoted to perpetuating the US’s aggressive, wasteful, and counterproductive efforts at global hegemony. But the NDAA also often contains domestic innovations like...

They Never Learn: National Review Demands Marijuana Criminalization

Aron Ravin, a self-described “nudnik,” who writes for National Review thinks so and I suspect others do as well. This thinking, however, is that of an ever-shrinking minority and it is hard to imagine the pro-legalization trend being reversed. Nevertheless, let’s look at the arguments and why he claims libertarians are so wrong on this issue. Before we press on, it is important to remember that cannabis legalization is basically citizens of individual states standing up to federal authority and flipping it the bird. Ravin claims, “I do not, and do not plan to, partake in the devil’s...

News Roundup 7/12/21

News Roundup from The Libertarian Institute by Kyle Anzalone

US News A Utah woman was arrested and charged with a hate crime for stomping on a “back the blue” sign and smirking at a cop. [Link] 31 states have introduced ‘Defend the Guard’ legislation. [Link] The UN reported an additional 118 million people were undernourished in 2020 because of the response to the pandemic. [Link] Haiti The US is sending FBI agents and DHS officials to Haiti. Haiti also requested the US send troops to defend Haiti’s infrastructure. [Link] The Biden administration declined a request from Haiti to provide troops for security. [Link] However, the Pentagon says it is...

Biden Proposes Globally-Imposed Corporate Tax Rates

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In a move that would primarily benefit the world’s largest economies and most bloated governments, the Biden administration has proposed that all the world’s countries agree to impose corporate taxes at a rate no lower than 15%. Biden also proposes punishing countries that don’t adopt the minimum, by imposing heavier taxes on U.S. subsidiaries of companies headquartered in those countries. In describing the initiative, Treasury secretary Janet Yellen made her aim all too clear: “It is important to work with other countries to end the pressures of tax competition,” she said in a speech to...

The Truth About the Biden Tax Plan

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Last Thursday the New York Times reported what should be obvious, but that eludes most in our midst: the rich pay the vast majority of taxes collected. By far. This is a statement of the obvious simply because the “vital few” drive all progress in all walks of life. Think the NBA before Bird, Magic and Jordan, think the PGA before Tiger Woods, think how the rare blockbuster film pays for all manner of small movies without guns, car crashes, and explosions. Stated simply, what’s great is a consequence of the giants on whose shoulders we stand. The very talented few pull us forward....

We’re Here to Help

After a fiery year of cultural outrage against the state of policing in America, President Joe Biden's administration has announced that they have heard the pleas of the people. They will not stand by while a nefarious force maliciously targets the African American community. America needs to ban menthol cigarettes. Beyond the glaringly obvious problem of increasing the amount of dangerous police interactions, prohibition itself has a century long record of documented failure. Alcohol prohibition was short lived, the war on drugs has long been lost, and firearm involved violence is...

A Day in the Life of an American Serf

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As another traditional April 15 tax day arrives, it reminds us once again of the financial burden and forced obligation the government places on our finances. So, how heavy is the yoke of taxation? We could throw around dollar amounts in the trillions, and break them down in many ways. But perhaps an even clearer picture of just how ever-present taxation is in our lives is to run down a typical day in the life of an American tax serf. (For the sake of brevity, this article won’t explore the horrific atrocities your tax dollars are used for, which has been well documented elsewhere.) Your...

News

News Roundup 6/28/2022

US News The Biden administration, reacting to a federal court ruling in Texas, has suspended an order that had focused resources for the arrest and deportation of immigrants on those who are considered a threat to public safety and national security. [Link] A record...

News Roundup 6/27/2022

US News An Afghan prisoner who was held in US custody for nearly 15 years without charge was released from the Guantanamo Bay detention center and returned to Afghanistan. [Link] Ukraine War  President Joe Biden said Sunday that the Group of Seven will ban Russian...

Blog

Climate Lockdowns Are Here

  In a development that has been widely broadcast for decades (to those tuned to the correct frequency), Western countries have begun implementing the next step in the government-by-emergency manual. Indeed, once the public allows government to immolate its...

Substantive Due Process

[T]he conservatives reject substantive due process, which they see as a contradiction in terms that authorizes judges to legislate. If the term sounds odd, it would be odder still to dismiss the idea. As Roger Pilon writes, “By ‘law’ [in due process of law] the...

The Antiwar Comic: The War on Bodies

How quick they switch to the current thing. For more comics, visit The Webcomic Factory. Also, check out my latest book, The Pineys: Book 9: The Witch Hunter Piney.

Ending the Yemen War

There's a Resolution in the House, HJ Res 87, a War Powers Resolution demanding an end to all support for Saudi and UAE's war in Yemen. The new Libertarian Party is working with all the great Yemen war activists to do a pressure campaign on Congress to support it....

The Libertarian Party is Beating the Drums for Peace

For the people turning 21 this fall, America has been at war their entire lives. The Global War on Terror has reached its second generation of soldiers. Defense spending and the global presence of the U.S. military and armaments continue to proliferate. The...

The Scott Horton Show

6/27/22 Dave Decamp on Ukraine, NATO and Antiwar.com

 Download Episode. Scott interviews Antiwar.com News Editor Dave Decamp about the recent developments in Eastern Europe. First, they examine Lithuania closing the easement into Russia’s Kaliningrad territory. The move is a dramatic escalation that Scott and Decamp...

6/20/22 Ramzy Baroud on Israel, Palestine and Mali

 Download Episode. Scott is joined by journalist and author Ramzy Baroud to discuss the deterioration of Israeli Politics and the war in Mali. Israel will hold its fifth election in four years after yet another failure to form a government. Baroud gives some...

Conflicts of Interest

COI #294: The NYT Reveals CIA Officers are Operating in Ukraine

On COI #294, Kyle Anzalone discusses the White House ramping up great power conflict with Russia and China.   Odysee Rumble  Donate LBRY Credits bTTEiLoteVdMbLS7YqDVSZyjEY1eMgW7CP Donate Bitcoin 36PP4kT28jjUZcL44dXDonFwrVVDHntsrk Donate Bitcoin Cash...

Don't Tread on Anyone

6 Progressive Myths About History (w/ Lawrence W. Reed)

https://youtu.be/HsXj83JNUb4 In May 1939, Treasury Secretary Henry J. Morgenthau Jr., one of Franklin Roosevelt's best friends, testified before the House Ways and Means Committee: "I say after eight years of this Administration we have just as much unemployment as...

Liberty Weekly Podcast

Proxy Wars…The Punishment Due Ep. 221

https://youtu.be/51gBx3rE7zw In this week's episode, I take the audience on an even deeper dive into my most recent piece for the Libertarian Institute. Episode 221 of the Liberty Weekly Podcast is Brought to you by: LibertyWeekly.club Join my membership and...

National Review Senior Editor Turns Rothbardian Ep. 220

https://youtu.be/sJXF9jgj1L4 Managing Editor of the Libertarian Institute and longtime friend and guest of the show Keith Knight joins me in this week's episode to review an article by Joseph Sobran. Sobran was the Senior Editor of the National Review, but questioned...

Patrick MacFarlane on the Hrvoje Moric Show Ep. 219

https://youtu.be/yI1ND-TJR8g This week's episode is a mirror of my recent appearance on the Hrvoje Moric Show on Tnt Radio. We discuss the war in Ukraine, China, and the brave new world we are sleepwalking into. Hrvoje is the host of Geopolitics and Empire Podcast....

Empire of Death: America’s Moral Bankruptcy Ep. 218

https://youtu.be/7yZEk73JdVo In this episode, I take a deeper dive on my latest editorial up at the Libertarian Institute, share my experience at Chillderburg, introduce my new newsletter website, and thank several outlets that have started reprinting my Libertarian...

Year Zero

Nihilism w/Buck Johnson

Buck joined me to discuss Nihilism by Fr Seraphim Rose. Nihilism is an interesting critique of liberalism that walks through the stages of societal degradation. Fr Seraphim determines that the replacement of an objective truth with relative truth sends the world into...

A Deep Dive w/Monica Perez

Monica Perez joined me for an in depth conversation on culture, religion, ESG, WEF, the future, and how the 21st Century is different than the 20th Century. Monica Twitter Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate...

Love and Fear w/Courtenay Turner

Courtenay and I talk ESG, intentional communities, motivations, elites, and the future. Courtenay Twitter Courtenay Turner Podcast Discord Libertarian Institute 19 Skills Pdf Autonomy Course Critical Thinking Course Donate Patreon...

Shadowy Figures Surrounding 9/11 w/Adam Fitzgerald

Adam Fitzgerald joined me to discuss the less talked about aspects of 9/11. We spent most of our time discussing the characters involved and around the event. We could have gone for hours on this subject, but as you will hear, I hit a wall at the 2 hour mark. Adam...

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