In the previous installment of the Death by Taxes series, we learned about Beardsley Ruml’s contribution in establishing the withholding tax. This most influential of unknown people in American history deserves a closer look. He had some important things to say about why we pay federal income taxes that may surprise you.
In the article “Death by Taxes: A Sordid History” we discovered how the 16th Amendment was an egregious invention of those who hold to the socialist idea of “the ability to pay”. In this article, we’ll delve more deeply into the idea that successful businesses owe their prosperity to using government provided services. Also, we…
April is the time of year when I reflect back to the passage of the 16th Amendment and the Federal Reserve Act. Two juggernauts that have done more damage to our standard of living than any other pieces of legislation. There is nothing good about being taxed, especially having your income taxed. It is…
Over 100 years ago, in 1903, Italian economist and scholar Amilcare Puviani published his book, ”The Theory of Fiscal Illusion.” The Italian scholars at that time were profoundly curious about the effects of government on young democracies. They asked the question, “How could politicians best use the power of the purse to pursue their projects…
The Blue Collar Economist 