Taxes and Spending

Those who lend the government money are purchasing a promise to take someone's property in the future in order to repay the loan.

The NY Times is reporting that billionaires Eli Broad and Bill Gates are “

A bill has passed the House of Representatives giving a seat in Congress to the nation’s capital, the District of Columbia.

Back in 1969, Henry Hazlitt’s Man Versus the Welfare State appeared.

I attended a “Tax Day rally” today (Tuesday the 17th) here in Pensacola, Florida, sponsored by the local FairTax people.

From Portfolio.com:

It is only because we have a monstrous welfare/warfare state that the government "needs" to collect an income tax. The beginning of Clinton's presidency was not that long ago. The income tax can be abolished. It can be done quickly; it can be done painlessly — and it can be done for the benefit of the American taxpayer instead of the federal leviathan. Now that is real tax reform.

The 'ability-to-pay' principle resembles more the highwayman's principle of taking where the taking is good.

"To force a man to pay for the violation of his own liberty is indeed an addition of insult to injury. But that is exactly what the State is doing."

The hurricane sirens went off this evening in Auburn, which they seem to do every time there is any wind or rain within 60 miles.