Entries Tagged as 'taxes'

Tuesday, October 20th, 2009

Workers of the World, Exfoliate!

Via Workers of the World, Exfoliate! Much attention has been paid of late to whether the United States is trending toward socialism. Alleviating socioeconomic differences through the federal government’s active intervention in the economy is a common aim of all socialist movements. Nonetheless, most champions of the less privileged have never made a practical effort [...]

No Comments

Filed under beauty, taxes

Friday, April 3rd, 2009

Financial Rescue Nears GDP as Pledges Top $12.8 Trillion

Bush left office with a budget deficit of $482 billion, the largest ever in nominal dollars (although not the largest as a percentage of GDP). Bush was roundly criticized (deservedly so) for increasing the budge deficit. How often did you hear during the campaign that Bush “turned a budget surplus into a budget deficit”? So [...]

No Comments

Filed under Uncategorized, deficit, obama, taxes

Friday, February 13th, 2009

Harry Reid: Paying income tax in the U.S. is voluntary

Splitting hairs about the meaning of the word “voluntary” makes Reid look like an idiot. Does he think that people watching this don’t see through his equivocation? The thing is, Reid could’ve made a rational argument for why the income tax is voluntary in the common meaning of the term. He could’ve said that the [...]

No Comments

Filed under politics, seasteading, taxes

Monday, June 16th, 2008

Hauser’s law: you can’t soak the rich

Via Wall Street Journal article: You can’t soak the rich. by David Ranson, May 20, 2008. “…Mr. Hauser uncovered the means to answer these questions definitively. On this page in 1993, he stated that “No matter what the tax rates have been, in postwar America tax revenues have remained at about 19.5% of GDP.” What [...]

1 Comment

Filed under economics, libertarians, politics, taxes