Forbes doesn’t mention another important reason: It’s more moral. A flat tax treats everyone equally—treats everyone’s property as being subject to confiscation (via taxation) at equal rates. Image Source: stevepb/Pixabay License: CC0 Public Domain
This past spring, Netflix—the beloved online video streaming service—announced it would raise its monthly subscription fees. The first price hike in June cost between $1 and $2 per month. One consumer was angry enough to file a class action lawsuit. This discontent is typical when consumers feel the impact of higher payments directly. But when costs go up […]
John Oliver, the host of HBO’s “Last Week Tonight” is the latest in a long series of comedians who have become brave “truth-speakers” who repeatedly “destroy” whatever they choose to target. Since John Stewart popularized the model of snark and carefully edited interviews to create a news-like show, it has been repeated again and again, […]
The student loan crisis hovers at roughly $1.1 trillion. Politicians bicker about making college free in the future and neglect the students who didn’t benefit from student loan reform efforts. Private student debt is the leviathan in the room. Unfortunately, discussion of these issues is generally restricted to “You students took out the loans, you […]
Millennials. This term is rivaled only by “Boomers” in clickbait words used on the Internet. I assure you, though, this article is worth it. The 2016 election – since no one is talking about it, clearly – is pivotal for a variety of reasons. For instance, the Supreme Court’s balance will be determined by the […]
“Economics: How Big is the U.S. Debt?” presented by Learn Liberty. How do you feel the government should be spending or saving money? Let us know in the comments below. Originally posted at http://www.learnliberty.org/videos/economics-how-big-is-the-u-s-debt-learn-liberty/.
The federal government each year now takes from us record tallies of tax dollars. Yet the Feds have accrued nearly $19 trillion in debt – and that ridiculous number keeps hurtling skyward. Leftist states, counties and cities around the nation are following the federal lead, taking our coin at prodigious levels – in multitudinous ways. […]
Uncle Sam has added nearly an additional half a trillion dollars to the national debt over the past twelve months. According to the Congressional Budget Office (CBO), the Federal government ended its fiscal year on September 30, 2015 with a budget deficit of a “mere” $435 billion. Total Federal expenditures for the fiscal year were […]
Really though, there are much more satisfying (but inappropriate for general audiences) ways to peg these little…you know. But let’s go with this… ICYMI, here’s a video of one of them pleading their case. h/t John Hawkins from Right Wing News for the quote. Originally posted at http://americanirony.us/the-most-polite-way-possible-to-describe-students-demanding-their-debt-be-canceled/.