Taxation is Robbery Part 2
When the State invades the right of the individual to the products of his labors it appropriates an authority which is contrary to the nature of things.
When the State invades the right of the individual to the products of his labors it appropriates an authority which is contrary to the nature of things.
Whereas in the US, conservative economists tend to hail proportionate taxation as ideal, the Thatcherites have apparently understood the fallacy of this position.
There is no doubt that bitcoin is a spontaneous answer to the monetary instability that we see all around us today.
The role of the algorithm is to ensure a declining progression of the overall stock of bitcoins, by halving the reward every four years.
The crash was said to prove how destructive “unregulated capitalism” could be and how dangerous its supporters were.
What sanction, in morals, does the State adduce for the taking of property?
In effect, the government’s not taking is alleged to be giving. Its not taxing is alleged to be spending.
Henniger writes, "No president has believed more in the miracle of the multiplier than Barack Obama."