Taxes and Spending

Contrary to the worldview of progressives, taxation and the coercion it brings are not part of a "social contract." Instead, they are implemented by force.

Economically speaking, the US government is bankrupt even if the government won’t admit what is obvious. But how would an actual bankruptcy proceeding go?

While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.

A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.

The passage of an income tax in the early twentieth century was an enormous shift toward a far more centralized and powerful US state.

Contrary to the worldview of progressives, taxation and the coercion it brings are not part of a "social contract." Instead, they are implemented by force.

While most free market advocates are fixated on the national debt, they also should be looking at municipal debt over which taxpayers have no say. Maybe default is the answer.

A central tenet of Keynesian economics is that governments must run budget deficits to stimulate economic growth. But government spending actually shrinks the economy.

President Biden pushes a wealth tax as a measure of "fairness." Not only is it unconstitutional, but it's also bad for the economy.