The Dead Zone: The Implicit Marginal Tax Rate
When will we have a Supreme Court that forbids the federal government from using the power of taxation to destroy our entire country?
When will we have a Supreme Court that forbids the federal government from using the power of taxation to destroy our entire country?
This is old-fashioned redistribution, to sustain the unsustainable.
Once the overseers of the Department of Agriculture got control of the farmers and the lands of America, there was no way of returning to the regime of private ownership; there was no inclination to, for the farmers were quite content to swap the hazards of their trade for the subsistence doled out to them by the bureaucrats.
"The idea that we must choose between public healthcare and politicized-private healthcare is false. We can also move to depoliticize the healthcare industry."
It’s true that the US health-care system is a mess, but this demonstrates not market but government failure.
Presented by Robert P. Murphy at “Recovery or Stagnation?,” the Mises Circle in San Francisco; sponsored by Mark L.
Presented by Thomas DiLorenzo at “Recovery or Stagnation?,” the Mises Circle in San Francisco; sponsored by Mark L.
If the government reduces both taxes and spending, it will leave more money in private hands.
In order to keep up the appearances of prosperity, government spending must be constantly increased, with an ever-increasing share of total production going to the nonproductive.
Our ancestors relied on themselves; we rely on the welfare state.