Tag Archives: Taxation

The Rich, The Fair Share, and Other People’s Money.

Recently, information was leaked from a law firm in Panama showing a large number of wealthy people from many countries setting up Panamanian shell firms to disguise their income and avoid domestic taxes. This included 211 people with addresses in the United States. To a hardcore libertarian like myself, this is great stuff. Avoiding taxes […]

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The Death of Irwin Schiff.

On October 16th, 2015, tax protester Irwin Schiff died in prison. He spent his final hours shackled to a prison bed. He was an old and feeble man, legally blind and suffering from advanced skin cancer across his entire body. Irwin Schiff is famous within libertarian circles. Firstly, he is the father of financier and […]

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Burger King Dodging Taxes, Facing Boycott?

On Yahoo! News, we read: Small, medium or large? The amount of outrage over Burger King’s deal to buy a Canadian donut chain could possibly determine whether the deal goes through — and helps Burger King dodge millions of dollars in U.S. taxes. Burger King’s (BKW) plan to buy the Tim Hortons (THI) chain —now […]

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Ron Paul: “Tax Reform Useless Without Spending Reform.”

As posted at the Ron Paul Institute: Recently, Republican leaders in Congress unveiled a “tax reform” plan that they claimed would provide the American people with a simpler, fairer, and more efficient tax system. While this plan does lower some tax rates and contains some other changes that may make next April a little less […]

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75% Tax Rate: The Madness of Monsieur Hollandé

The French constitutional court has finally ruled that Socialist President Francois Hollandé’s desired 75% income tax on earners over 1 million euro can go into effect. The exorbitant tax rate was initially disapproved by the same French court nearly one year ago, but was re-tooled to make employers liable for salaries instead of individuals. As […]

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Welfare: Who Deserves Criticism.

This is a follow-up to my article on who benefits from the American Welfare State the most. I discussed how oftentimes many critics of the Welfare State, especially amongst mainstream Republicans and Conservative Democrats, tend to focus on the bottom of the Welfare Pyramid as the object of criticism (Think of the woman from the […]

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Welfare: The Real Beneficiaries.

The United States boast the largest welfare state in the entire world, monetarily speaking. Medicare alone is probably the largest welfare program in the history of mankind. The unfunded liabilities of Social Security and Medicare are over $200 trillion, by most estimates. We Americans are numb to hearing these large numbers in reference to government […]

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French Socialist Gov’t Taxes Some Over 100%.

                The Socialist government of French president Francois Hollande taxed 8,000 households in excess of 100% of income last year by imposing a one-off levy on households holding assets over 1.3 million Euros. The astounding level of taxation was an effort to circumvent a tax rebate passed by previous president Nicholas Sarkozy which capped an […]

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IRS Official to Plead the 5th On Scandal.

Lois Lerner, head of the IRS’ Exempt Organizations division, has opted to stay silent about the ongoing conservative harassment scandal under the auspices of the 5th Amendment. Summoned by the House committee investigating the scandal, Ms. Lerner is one of the key figures under scrutiny as allegations arise that she knew of and potentially even […]

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When It Rains, It Pours: IRS, EPA, DOJ Scandals.

The Internal Revenue Service has recently been exposed for illegally targeting conservative groups, mainly anything Tea Party-ish, with troublesome audits and other threats. From approximately 2007 onward, hundreds of distinct cases have been identified in which the IRS wielded their power to cause mischief and produce clerical misery for conservative groups throughout the USA. Anyone […]

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