Great job, much to say. This is a clear case of misrepresenting data to fit his narrative. Government taxes are measured as a % of GDP, in the Land of the free-pun intended-tax rates have been all over the place from 91% income tax, 28% capital gains tax, to 40% estate state, less deductions, etc. yet and still on "average" it's 17.5% nothing more nothing less. What's interesting, is as the United States tax code became more and more progressive-which mean less tax base-the % of taxes has been the same, total taxes has continue to increase. Tax revenue in the land of the free, has only decline during extreme finical regression: G.F.C. (2009) & Covid (2020), with those adjustments accounted for every single year its has increased, with or without tax cuts, credit, or deductions. And it is for this reason the Politian-mostly Democrats-can play these games with taxes and do nothing.
Thanks for the comment, Pablo. I agree that both sides play the game and there's little hope for long term reductions. I fear the best we can do is hold the line. Give them an inch and...
I would agree that most services can be provided more efficiently by private enterprise but beyond that I lack the knowledge to comment on Rothbard intelligently. I will have to read up on him.
Wonderful analysis. Thank you for putting it together, will share with friends
Thanks Jan, I appreciate that.
Excellent analysis. However the left deals with emotions not facts and Robert the third Reich knows this and plays upon it.
Great job, much to say. This is a clear case of misrepresenting data to fit his narrative. Government taxes are measured as a % of GDP, in the Land of the free-pun intended-tax rates have been all over the place from 91% income tax, 28% capital gains tax, to 40% estate state, less deductions, etc. yet and still on "average" it's 17.5% nothing more nothing less. What's interesting, is as the United States tax code became more and more progressive-which mean less tax base-the % of taxes has been the same, total taxes has continue to increase. Tax revenue in the land of the free, has only decline during extreme finical regression: G.F.C. (2009) & Covid (2020), with those adjustments accounted for every single year its has increased, with or without tax cuts, credit, or deductions. And it is for this reason the Politian-mostly Democrats-can play these games with taxes and do nothing.
Thanks for the comment, Pablo. I agree that both sides play the game and there's little hope for long term reductions. I fear the best we can do is hold the line. Give them an inch and...
I would agree that most services can be provided more efficiently by private enterprise but beyond that I lack the knowledge to comment on Rothbard intelligently. I will have to read up on him.