Mises Wire

Imagine This as Kennedy’s Last Speech

Imagine This as Kennedy’s Last Speech

“Good evening. Some of us come to the ends of our roads unexpectedly. Others of us receive a final blessing; we’re told we have a few months to put our affairs in order.

“I’ve made plenty of mistakes; I’m deeply sorry for them. But I got to thinking, is there one last thing I should still do to help the country that has done so much for me and my family? I think there is.

“I’ve been working with a few members of the lower house. Tomorrow they’ll introduce on my behalf a bill we call the Economic Freedom and Prosperity Restoration Act.

“My family has remained wealthy and powerful because our wealth is protected in an immortal, tax-proof family trust. Most Americans can’t set up such trusts today; the IRS changed the rules years ago.

“We’ve also remained wealthy because we pay very little income tax. Dad never declared much of his bootlegging income, and I don’t pay much, either. Families with old money can arrange things that way, while the most productive of our fellow Americans — the kind of who actually invent and design and manufacture things — are taxed to the hilt.

“The Economic Freedom and Prosperity Restoration Act is in three parts.

“First, it changes tax law to allow any American family to set up an immortal, tax-free trust, just like the ones the Kennedy family and the Rockefeller family have enjoyed for nearly a century….”

It’s not real but Vin Suprynowicz dreams. Read the whole thing.

All Rights Reserved ©
Note: The views expressed on Mises.org are not necessarily those of the Mises Institute.
What is the Mises Institute?

The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. 

Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property order. We believe that our foundational ideas are of permanent value, and oppose all efforts at compromise, sellout, and amalgamation of these ideas with fashionable political, cultural, and social doctrines inimical to their spirit.

Become a Member
Mises Institute