Getting It Backwards on Welfare and Tax Deductions by Laurence M. Vance June 23, 2016 Congresswoman Gwen Moore (D-Wis.) is “sick and tired, and sick and tired of being sick and tired, of the criminalization of poverty.” She explains in a recent press release, As a strong advocate for social programs aimed at combating poverty, it deeply offends me that there is such a deep stigma surrounding those who depend on government ...
The Libertarian Angle: Abolish the Income Tax by Future of Freedom Foundation April 21, 2016 In this segment, Richard Ebeling and Jacob Hornberger explore the evil that is the income tax. Go to the podcast.
Fleecing the American Taxpayer: The Profit Incentives Driving the Police State by John W. Whitehead April 14, 2016 “The Founding Fathers never intended a nation where citizens would pay nearly half of everything they earn to the government.” ― Ron Paul If there is an absolute maxim by which the federal government seems to operate, it is that the American taxpayer always gets ripped off. This is true whether you’re talking about taxpayers being forced to fund ...
The Clinton-Sanders-Republican Principles of Taxation by Laurence M. Vance February 5, 2016 The number of votes they got at the recent Iowa caucuses is not the only way that former senator Hillary Clinton and current senator Bernie Sanders are very close. Both have proposed new government programs throughout their campaigns. And because their new government programs must be paid for, both Clinton and Sanders have put forward new tax plans to ...
The Fatal Flaw by Laurence M. Vance February 1, 2016 The presidential primary season is in full swing. Current and former Democratic and Republican candidates alike have put forward various tax-reform proposals. Some of their proposals were officially unveiled at a press conference; others were unofficially presented in campaign speeches or during one of the debates. Some rehash old proposals, others recommend something entirely new. But whether Democratic, Republican, ...
Tax Freedom Requires Adherence to the “Let-Alone” Principle by Richard M. Ebeling April 13, 2015 April 15th is the day that every American is expected to have filed their federal income tax form. Some of us may have done it long before the deadline, some of us will wait until just before the stroke of midnight on April 15th, and some of us may be filing for extensions to defer the actual submission of ...
The Libertarian Angle: IRS Thievery by Future of Freedom Foundation November 3, 2014 FFF president Jacob Hornberger and FFF vice president Sheldon Richman discuss the hot topics of the day. This week: how the IRS steals from the citizenry. The Libertarian Angle airs weekly. Go to the podcast.
Abolish the Income Tax and IRS by Sheldon Richman October 28, 2014 For some time now we’ve lived with the scourge of civil asset forfeiture, under which the police can seize a person’s property on the mere suspicion it was used in a crime and without having to charge the owner with an offense. Since the authorities have no burden to prove guilt beyond a reasonable doubt, the burden of proving ...
Tax Inversion Freedom vs. Fiscal Berlin Wall by Richard M. Ebeling July 29, 2014 The Obama Administration has proposed its latest form of collectivist control over the American people. In a letter to Congress U.S. Treasury Secretary, Jack Lew, has called for punishment and prohibition of any company that tries to move its headquarters overseas to avoid higher taxes in the United States. Plus, Mr. Lew has the audacity to call his proposed ...
The Implications of Revenue-Neutral Tax Reform by Laurence M. Vance May 8, 2014 Tax season is over, but tax-reform proposals are perennial. America’s current income-tax system was inaugurated in 1913 with the adoption of the Sixteenth Amendment. It began quite modestly, with a 1 percent tax on income above $3,000 ($4,000 for married couples). A series of surcharges up to 6 percent were applied to higher incomes, with the maximum rate being 7 ...
The Libertarian Angle: Income Taxation by Future of Freedom Foundation March 31, 2014 FFF president Jacob Hornberger and FFF vice president Sheldon Richman discuss the history of the income tax and its impact on the liberty of the U.S. The Libertarian Angle airs weekly. Go to the podcast.
Winning an Olympic Medal Can Be a Taxing Experience by Laurence M. Vance March 6, 2014 Although the 2014 Winter Olympics in Sochi have ended, some U.S. athletes will be reminded of their participation come tax time next year. Twenty-eight American athletes won an Olympic medal in the Sochi games (9 gold, 7 silver, and 12 bronze). Their margin of victory in many events was only a few seconds or points. But for most of ...