Category Archives: Taxation

UPDATED: The 2 Parties’ Question: How Much To Steal

Debt, Democrats, Economy, Federal Reserve Bank, Political Economy, Republicans, Taxation, The State, War, Welfare

The following is from my new, WND column, “The 2 Parties’ Question: How Much To Steal”:

“… If I understand the Republican line for the coming midterms, it is that, thankfully, there is a smart, economically stimulating way for the State to spend money it had lifted from the private economy (and, in the process, crowded out private, productive economic activity).

Time and again, Republicans will explain to us of the booboisie that the stimuli consisted of misguided spending so typical of Democrats, instead of precision-guided make-work projects, the hallmark of Republikeynesian economic ‘thought.'”

With few exceptions, Republican politicians, and their matching Tweedledim and Tweedledimmer cable personalities, seem incapable of countering the fiction that vests central planners with the ability to create viable jobs by appropriating private property, and redistributing it, based on bureaucratic and political considerations.

The unsparing critique the likes of dodo Perino, Newt, Dick, Karl, et. al, will invariably voice is that the Dems did not apply the stolen funds the way one ought to have; as the GOPers would have.” ….

The complete column is “The 2 Parties’ Question: How Much To Steal.”

Read my libertarian manifesto, Broad Sides: One Woman’s Clash With A Corrupt Society.

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UPDATE (Aug. 27): Wiley hereunder, in the Comments Section, clearly misunderstands an ad hominem argument. My column has some fun with Fox’s affirmative females, after which their “arguments”—“things go in cycles“/Republicans would ‘stimulate‘ better than the Dems”—were showcased for their profound folly. This is not ad hominem. Had I presented Dana dunderhead’s “case” for economic recovery without the spice, no one would read this column.

UPDATED: 'Tax Cuts Not Paid For' Says Thief

Debt, Democrats, Journalism, Media, Natural Law, Republicans, Taxation, The State

The execrable bunch that convened to Meet The Press on Sunday carried out a conversation about the irresponsible Republikeynesians’ tax policy.

Against the Republikeynesians, moderator DAVID GREGORY argued that “if you’re concerned, as Republicans say they are, about cutting spending and the deficit, you have to acknowledge that tax cuts are not paid for.”

“It’s still borrowed money,” contended Gregory, paraphrasing the Great Inflater, ALAN GREENSPAN.

Other than meekly pointing out that the problem we have is a problem of spending, Mitch McConnel, being a Republican, made various weak appeals such as that “if you push this economy further backward, we’ll get less revenue for the government, not more.” And “raising taxes in the middle of a recession on the major job generator in America, small business, is a very, very bad idea.”

TAXES ARE STOLEN PROPERTY. A tax cut, especially to high income earners who pay most of the taxes, is a return of stolen goods. To say that you need to “pay for tax cuts,” as Gregory does, is akin to a thief saying he can’t return the TV he just stole until he is in a better financial position.

On the other hand, “taxation hits the pocketbook directly; government’s borrowing and counterfeiting does so indirectly—it devalues Joe the Plumber’s labor, assets, purchasing power, and savings. Unaware of how he’s being ground down, Generic Joe keeps on consuming until he crashes.”

UPDATE (Aug. 24): “Arguing for higher taxes for the rich” is tantamount to arguing for a transfer of wealth from those who pay taxes to those who habitually consume them. It’s always an election-winning strategy given that the last group outnumbers the first. Ask Germany’s Chancellor Angela Merkel.

Reuters: “Thousands have taken to the streets this summer to demonstrate against plans by Merkel’s center-right government to cut billions of euros in spending on the unemployed without imposing a similar burden on the other end of society.”

Come again? Does the correspondent mean to imply that the pain of doing without as much welfare as before is on par with having to fork out for it (without being entitled to it?)

In mobocracy, some are more equal than others.

Want proof that, the world over, “Statism begins With YOU”?

“Surveys indicate that if a national vote were held now, the opposition would crush Merkel and her allies, whose coalition lost its majority in the upper house of parliament after defeat in a regional election in May.”

Speaking of statism, HERE AT HOME, the booboisie want their “runny egg yolks for mopping up with toast” better monitored by Big Daddy.

A salmonella outbreak, and “the largest egg recall that has happened in recent history,” simply show that the fatter the feds the happier egg-scarfing Americans stand to be.

UPDATED: ‘Tax Cuts Not Paid For’ Says Thief

Debt, Democrats, Journalism, Media, Natural Law, Republicans, Taxation, The State

The execrable bunch that convened to Meet The Press on Sunday carried out a conversation about the irresponsible Republikeynesians’ tax policy.

Against the Republikeynesians, moderator DAVID GREGORY argued that “if you’re concerned, as Republicans say they are, about cutting spending and the deficit, you have to acknowledge that tax cuts are not paid for.”

“It’s still borrowed money,” contended Gregory, paraphrasing the Great Inflater, ALAN GREENSPAN.

Other than meekly pointing out that the problem we have is a problem of spending, Mitch McConnel, being a Republican, made various weak appeals such as that “if you push this economy further backward, we’ll get less revenue for the government, not more.” And “raising taxes in the middle of a recession on the major job generator in America, small business, is a very, very bad idea.”

TAXES ARE STOLEN PROPERTY. A tax cut, especially to high income earners who pay most of the taxes, is a return of stolen goods. To say that you need to “pay for tax cuts,” as Gregory does, is akin to a thief saying he can’t return the TV he just stole until he is in a better financial position.

On the other hand, “taxation hits the pocketbook directly; government’s borrowing and counterfeiting does so indirectly—it devalues Joe the Plumber’s labor, assets, purchasing power, and savings. Unaware of how he’s being ground down, Generic Joe keeps on consuming until he crashes.”

UPDATE (Aug. 24): “Arguing for higher taxes for the rich” is tantamount to arguing for a transfer of wealth from those who pay taxes to those who habitually consume them. It’s always an election-winning strategy given that the last group outnumbers the first. Ask Germany’s Chancellor Angela Merkel.

Reuters: “Thousands have taken to the streets this summer to demonstrate against plans by Merkel’s center-right government to cut billions of euros in spending on the unemployed without imposing a similar burden on the other end of society.”

Come again? Does the correspondent mean to imply that the pain of doing without as much welfare as before is on par with having to fork out for it (without being entitled to it?)

In mobocracy, some are more equal than others.

Want proof that, the world over, “Statism begins With YOU”?

“Surveys indicate that if a national vote were held now, the opposition would crush Merkel and her allies, whose coalition lost its majority in the upper house of parliament after defeat in a regional election in May.”

Speaking of statism, HERE AT HOME, the booboisie want their “runny egg yolks for mopping up with toast” better monitored by Big Daddy.

A salmonella outbreak, and “the largest egg recall that has happened in recent history,” simply show that the fatter the feds the happier egg-scarfing Americans stand to be.

Update II: You Can Check-Out Any Time You Like, But You Can Never Leave!’

Economy, Europe, Fascism, Government, libertarianism, Natural Law, Private Property, Taxation

Swiss bankers can no longer perform a function which in Switzerland is legal and commendable: helping private property owners shield their assets against legalized theft. The Swiss are not allowed to uphold victimless laws that contradict their ultimate sovereign: Uncle Sam.

YourMoneyInfo.com: “The Swiss laws do not consider tax evasion as a criminal offense. [They recognize that a man’s property is his and his alone?! Is this possible?!] The Swiss banks do not release the identity of the account unless the foreign government proves that the account holder has committed a crime. [Or unless pressured by big bully US, the protector of freedom the world over.]

The US has managed to dispense with the venerated traditions in the financial sector of an ostensibly sovereign state. I repeat myself, but next time you hear Messrs Hannity, Steyn and others of their ilk wax about the US being the last bastion of freedom, fire off a corrective email. Point out that our government lawyers have been prosecuting UBS AG, a Zurich and Basel-based financial establishment, and its American clients, for tax evasion. (You’ll probably be told that we should have declared war, or bombed Basel…)

When they are not bailing out failed financial institutions, our statists are bankrupting viable ones.

Recommended reading: “The War on Tax Havens”

And “Hotel California“:

Last thing I remember, I was
Running for the door
I had to find the passage back
To the place I was before
‘Relax,’ said the night man,
‘We are programmed to receive.
You can check-out any time you like,
But you can never leave!’

Update I: A “Robin Hood tax” they are calling it, and, no doubt, BHO will be on board: Under the guise of “sparing the taxpayers another massive public bailout of the financial sector,” the International Monetary Fund has “called for a financial stability contribution (FSC), which should be paid by all financial institutions, not just banks, and used to bail out weak and failing firms.”

Now note how these statists who are corralling us all into a big pen cleverly build their new scheme on a faulty premise: the idea that bailouts are a financial fait accompli. Since when? And who dictatorially decides to commandeer taxpayers monies to bail out financial institutions that ought to be allowed to fail? They do!

Update II (April 22): A correction to our reader hereunder: Neal Boortz is a “liberventionists”; “a statist, not a libertarian.” Anything he supports is usually an indication to the contrary