Taxes and Spending
Rothbard: The Myth of Tax “Reform”
Our taxes are due today. It's a reminder that we must get past the tax reformers’ favorite ploy of revenue neutrality.
Should Local Municipalities Default on Their Debts? Seems Like a Good Idea
While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.
Government Budget Deficits Cannot Stimulate True Economic Growth
A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.
Biden’s Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations
President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy.
Biden’s Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations
President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy.
Taxes Are the Price We Pay for NOT Living in a Civilized Society
Justice Oliver Wendell Holmes famously claimed that taxes were the price people paid for civilized society. The problem is that taxes themselves are antisocial.
The Income Tax: Lessons from the Sixteenth Amendment
The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.
Biden’s Wealth Tax Is a Trojan Horse Requiring Multiple Manipulations
President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy.
No, We Don’t Need More Nuclear Weapons
Advocates for more military spending tell us the taxpayer must pay to expand the US's nuclear arsenal. Because of China. In truth, the US's arsenal is in no danger of not "keeping up."