Taxes and Spending
The “Great Reset” and Plans for a Global War on Savings
Emerging market debt-to-GDP hit nearly 250 percent in the third quarter, with China reaching 335 percent, and for the year the ratio is expected to reach about 365 percent of global GDP.
Taxation and Forced Labor
Not only is taxation theft, but by taking away part of the money you earn, the government is forcing you to work for it.
The Impossibility of “Taxation with Representation”
The slogan "taxation without representation" implies that taxation with representation is both possible and moral. But the idea of political representation is fraught with errors.
California’s Tax-Limiting Prop. 13 Survives Yet Another Attack
Remember savings bonds? They were popular before the central bank made sure that safe, low-interest investments became a thing of the past.
California’s Tax-Limiting Prop. 13 Survives Yet Another Attack
Prop. 15’s attempt to undermine California Prop. 13’s property tax protections for businesses has apparently failed.
Want to Reduce the Trade Deficit? Cut Government Spending.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
Want to Reduce the Trade Deficit? Cut Government Spending.
A trade deficit isn't actual evidence that anything is wrong. But if it were, one of the best things to do would be to reduce government spending. Unfortunately, politicians disagree.
The Fed’s Balance Sheet May Be Headed to $40–$50 Trillion
If the current thinking continues, the world’s central banks will buy whatever paper governments issue. The result by the end of the decade will be a Federal Reserve balance sheet totaling $40 to $50 trillion.
American Voters: Don’t Look to Europe as a Model
As we face a second wave of coronavirus outbreak in Europe, we know that the March measures and aggressive lockdowns were a grave mistake.