Repealing the inheritance tax means that substantial sums that would otherwise disappear into government spending programs will instead be used to make capital investments.
It’s increasing by $1 trillion a year.
A Note on Asset Prices, Wealth, and Inequality
Milton Friedman made the observation that the true size of government is measured not by how much it rakes in currently in taxes by how much it spends.
Is a proposed federal wealth tax on the ultra-rich the solution to America’s budget-deficit woes?
George Soros and his son Alexander Soros, Facebook co-founder Chris Hughes, heiress Abigail Disney and “Anonymous” are free to give their wealth to politicians right now.
There’s nothing moral, “fair” or “progressive” about a graduated (communist) tax schedule.
Opponents of tax cuts do not want justice. They want redistribution of wealth
Do we leave (wealth) in the private sector where the market decides? Or do we subject it to corrupt politicians?
Some 45 percent of American households, nearly 78 million individuals, have no federal income tax obligation.
The world of plunder can be replaced with a community of free people pursuing mutually beneficial peaceful production.
This tax reform appears to have been designed primarily to help secure future funding for a large, and growing, welfare state. Is this really what most Republicans in Congress wanted?
Taxing corporate income doesn’t benefit but hurts workers while discouraging investment.
Unlike most prior tax cuts, the Trump version does not even make any attempt to balance the cuts with corresponding cuts in government spending.
Those who think that government collecting taxes from those who are productive to give them to those who are not is just, do so because they have accepted the morality of altruism and egalitarianism and believe that statism is the ideal social system.
According to estimates by the Tax Policy Center, slightly over 45 percent of American households have no federal income tax liability.
Plans to “soak the rich,” who are not paying their “fair share,” have worked politically, time and time again — and may well work yet again in the 2016 elections.
Whether or not you agree with my father’s views on the Federal Income Tax, or the manner by which it is collected, it’s hard to condone the way he was treated by our government.