Shrink the State. End the Fed. Balance the budget. Make a profit. Leave an inheritance.
Gary North
Tea Party groups are organizing a national rally to protest the IRS’s invasive tactics against conservative organizations. An interactive map of where the meetings will be held is here. This has been great publicity for the Tea Party movement. It is likely to grow. Here is why this is important. Bureaucracies fear three things, and [...]
Continue reading →The CEO of Apple today will put his tail between his legs, which Steve Jobs never did, and testify before a Senate committee. They are expected to ask him about why Apple did not pay taxes that it was not obligated to pay. The U.S. government expected to get its bite out of Apple, right [...]
Continue reading →President Obama says that he only learned of the IRS’ persecution of Tea Party groups late last week. For those of us who were big fans of the TV sitcom about a German POW camp, Hogan’s Heroes, this sounds strangely familiar. It sounds like Sergeant Schultz. He says that the accusation, if true, is “outrageous.” [...]
Continue reading →Supporters of this tax argue that this tax is not a new tax. Not only is it a new tax, it is a grotesque tax: a violation of the principle, “no taxation without representation.” Republicans in the Senate voted for this tax, all in the name of a fantasy: “It really is not a new [...]
Continue reading →Republicans in the U.S. Senate caved in. They voted to force businesses located in one state to serve as unpaid tax collectors for 45 other states. (Five states have no sales tax.) The RINO Party Line is that this is not a tax increase. It is a huge tax increase. Voters will pay it. Businesses [...]
Continue reading →According to a 2013 poll, 87% of Americans say that it’s wrong to cheat on income taxes. They say that integrity is involved. Most of these people live in states that have sales taxes. All of these states require anyone in-state who buys an item on the Internet, from a firm not located physically in [...]
Continue reading →President Obama prefers golfing and vacationing to spending time in economics meetings. I regard this as good news for the nation. If the President wants to get his golf score down and his bowling score up, I say more power to him. If we could get Congress out on the links instead of in hearings [...]
Continue reading →It’s almost here: a new sales tax on Internet purchases. The Senate will vote in 11 days. The preliminary vote was 63 to 30. Then it will go to the House. If the House passes it, Obama will sign it into law. You and I will start paying sales taxes on orders from companies that [...]
Continue reading →The Senate Democrats are about to consider voting on a sales tax imposed on Internet purchases. The bill was released for the Senators to read only on April 21, Sunday. Harry Reid — Sen. Don’t Read — has it on a fast track. The bill is S. 743, the Marketplace Fairness Act. In this case, [...]
Continue reading →Gary North’s Reality Check Recently, I wrote an article in which I argued that there are three political foundations of modern warfare: high graduated tax rates, a central bank, and the abolition of the gold coin standard. I called it “The Triumvirate of Modern Warfare.” From the day that Ron Paul was sworn in as [...]
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