[A follow-up this Mises Daily article.]
I think we can all agree the Feds, in their usual fashion, have employed unwarranted thuggery in their attempts to shut down the Bundy Ranch. Just as the Feds could have arrested David Koresh when he left his compound (which he often did) they instead chose to employ the usual shock-and-awe tactics that are so beloved by federal agents.
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When the Sixteenth Amendment was ratified just over a century ago, there was no concern that IRS abuses would extend to 501c4 applications for nonprofit status from groups “unfriendly” to the administration in power. Such tax code proliferations were never anticipated. Careful observers of the income tax from the perspective of American ideals and history, such as Frank Chodorov, focused on how income taxation would undermine Americans’ liberty. As he put it in The Income Tax: Root of all Evil:
Featuring some students from Andrew College (of Georgia):
(Thanks to Breanna.)
By Ron Paul
Interviewed by host Tom Woods, Joe Salerno talks about the Fed, the Great Depression, currency wars, deflation, and why governments hate cash.
For the text version, see today’s Mises Daily.
