7. After the Magna Carta
Does liberty sow the seeds of its own destruction? Yes, by consenting to excessive taxes. Government will not want to give up the power. Taxes were to be only for common defense, not offensive wars.
Does liberty sow the seeds of its own destruction? Yes, by consenting to excessive taxes. Government will not want to give up the power. Taxes were to be only for common defense, not offensive wars.
Adams begins this session with facts about taxation being the basis of the Civil War, not slavery. If the British had not taxed the colonies, the colonies would have remained with Britain and slavery would have been ended when Britain ended it. The thousand year history of the Romans covered everything about taxes.
King Solomon, king of Israel from 970 to 931 BC, lusted after women as he grew older. He had a thousand wives and concubines. Solomon spent tax moneys for luxurious palaces and his harem. His treasury was soon empty, so he found new ways to drain money from his people.
A tariff set the stage for the American Civil War. The quarrel between the North and the South was a fiscal quarrel, not a war over slavery. The tariff of 1828 was called the tariff of abomination. Nullification was a strong argument to void unconstitutional federal laws.
The Deficit Twins, are, at best, fraternal, not identical, writes Sean Corrigan. In the last six years, US defense spending has risen 60% and four-fifths of this increase has taken place just since the present Administration took office.
Stefan Karlsson considers the income effect and concludes that its very existence demonstrates the failure of the state to improve the social order.
Dale Steinreich explains the twin goals of the AMA-shaped medical industry: artificially elevated incomes and worship by patients.
There are many reasons for the decline of the family, lifestyle choice among them, writes Per Henrik Hansen.
Erich Mattei explains that reformist measures do not address the fundamental problem afflicting the nations waterways: river socialism.