All Posts Tagged With: "taxes"
The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
If you were to believe spokesmen for the Obama regime and its allied pseudo-economists, there is no tradeoff between the size of government and our standard of living. On the contrary, they would like people to believe that the bigger the government gets, the more it can “stimulate” the economy and solve all sorts of [...]
18Nov2009 | George C. Leef | 0 comments | ContinuedThe Depression You’ve Never Heard Of: 1920-1921
When it comes to diagnosing the causes of the Great Depression and prescribing cures for our present recession, the pundits and economists from the biggest schools typically argue about two different types of intervention. Big-government Keynesians, such as Paul Krugman, argue for massive fiscal stimulus—that is, huge budget deficits—to fill the gap in aggregate demand. [...]
18Nov2009 | Robert P. Murphy | 1 comment | ContinuedThe Left, The Right, and the State
The Left, The Right, and The State, a collection of 103 essays by Llewellyn Rockwell, looks at the ways both the left and right use the State to pursue their goals. Rockwell, president of the Ludwig von Mises Institute, argues forcefully that our liberty and property are endangered equally by left-wing and right-wing statism. As [...]
23Oct2009 | George C. Leef | 4 comments | ContinuedAre We Really all Healthcare Collectivists Now?
“We have to do something about health care.”
The scariest word in that sentence is not something. It’s we.
The first-person plural form is not merely a convenience, as in “We’re in for a cold winter.” It indicates that decisions about “the healthcare system” should be made collectively, with one decision binding everyone.
That’s collectivism.
So why is virtually [...]
From Good Samaritan to Robin Hood
The clamor from interventionists against inequality morphs into a clamor for a larger and larger state. This path leads to the loss of liberty and a distortion of both democracy and justice. It distorts democracy because, by attempting to solve inequality, it removes limits to power and expands the field of state action. It distorts justice because the only way to solve inequality politically is for the state to have the power to treat individuals unequally. Thus the struggle to eliminate inequality ends up destroying the most important form of equality for an open society: equality before the law.
10Jun2009 | Carlos Rodríguez Braun | 1 comment | ContinuedDeficit Spending and Future Generations: Not What You Might Think
Ultimately, the real choice is not between deficit-financed and tax-financed spending. The moral question is whether we should have more spending and bigger government with less liberty or less spending with a smaller government and more liberty. The hand-wringing on the left and right about passing the cost of “stimulating” our economy onto future generations is misplaced. No matter how it’s financed, Obama’s new spending has the potential to stimulate only one thing: the size, scope, and power of government.
21May2009 | Roy Cordato | 3 comments | ContinuedBorders and Liberty
Andrew Morriss is Galen J. Roush Professor of Business Law and Regulation at Case Western Reserve University, Cleveland, Ohio, and senior associate at PERC, the Property and Environment Research Center, Bozeman, Montana.
Borders play a critical role in our lives. Some of the borders that matter to us are ones we establish ourselves: this is my [...]
Libertarians and the Constitution
Mr. Wolfe is a member of the staff of the Foundation for Economic Education.
Constituion Day
September 17
1787-1956
For over a century after its signing in September 1787, the United States Constitution was upheld by a citizenry which, by and large, appreciated it both in letter and spirit, and sought to live according to its ideal of [...]
21Nov2009 | Charles Hull Wolfe | 0 comments | ContinuedDo-It-Yourself
The “do-it-yourself” movement is one of the most striking developments of the postwar years. People undertake all manner of repair jobs; decorate and remodel their homes; build furniture, garages, boats, and toys. They equip workshops and studios; acquire working knowledges of painting, paper hanging, carpentry, plumbing and electricity. Across the countryside one can even see [...]
21Nov2009 | agardner | 0 comments | ContinuedAbolish This Evil Tax
In what the New York Daily News describes as “a dynamite loaded speech,” former Collector of Internal Revenue, T. Coleman andrews, recently proposed the complete abolition of the federal income tax. Andrews, when he was collector, found out firsthand how discriminatory, how unfair, and how dangerous to economic liberty this tax has been. In trying [...]
21Nov2009 | agardner | 0 comments | ContinuedThe Graduated Gadinkus Tax
Dr. Harper is a member of the staff of the Foundation for Economic Education.
It was New Year’s Day and Alonzo Brown had a headache. Not because he had imbibed too much, for he was a teetotaler. His head ached because he was making out his federal income tax return. The further he figured, the [...]
Executive Incentive
Mr. Greenewalt is President of E. I. du Pont de Nemours & Company. This is an excerpt from his statement of November 9. 1955, to the Sub-Committee on Tax Policy of the Joint Committee on the Economic Report,
As our country has developed and matured, we have become increasingly dependent on an active and dynamic [...]
As Frank Chodorov Sees it
In the files of Congress there is a bill that proposes to invest the President with authority to regulate the market place. It is known as the “Stand-by Controls” bill. During the past two sessions the Administration has pressed for the passage of this bill, and continued pressure may be expected during the present session. [...]
21Nov2009 | Frank Chodorov | 0 comments | ContinuedHigh Taxes in Britain
Mr. Heffernan is an economic journalist and director o] the London financial newspaper, City Press.
The british, called by Napoleon a nation of shopkeepers, have become a nation of tax payers. The number liable to tax has climbed to a peak of five out of six workers.
Over a third of the income of the [...]
As Frank Chodorov Sees It
“You fellows,” say the interventionists, “don’t know what you want. You are always against, never for, anything. and you are often in disagreement as to what you are against. Some of you are against tariffs; others are not. You all talk about the free economy and small government, but you never agree on what limits [...]
21Nov2009 | Frank Chodorov | 0 comments | ContinuedThe State
Frédéric Bastiat (1801-1850) was an economist, statesman, and author during a period when France was drifting rapidly toward socialism. His clear description of that trend and its evil consequences, written in 1849, merits serious consideration in the United States of America today.
I wish someone would offer a prize—not of a hundred francs but of [...]
The Social Security Tax
Dr. Manion, formerly Dean of the Law School at Notre Dame, now practices law in South Bend, Indiana.
The promoters Of the great social security deception never advertised it to the people as a slick, easily collectible form of constantly increasing taxation, Nevertheless, when the original Federal Social Security Act was passed upon by the [...]
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The End of Prosperity: How Higher Taxes Will Doom the Economy–If We Let it Happen
By Arthur B. Laffer, Stephen Moore, and Peter J. Tanous
