Tag Archives: the rich

Why Taxing the Rich More is Economic Suicide

Unemployment

CNN just recently admitted that the top 10% of Americans pay 70% of the income taxes. This means that our tax system has nothing to do with being “fair”, and everything to do with voters thinking that the rich can be juiced, and then we can get prosperity by just taxing our way to wealth.

What Should Libertarians Do About Mitt Romney?

Mitt Romney is a corporatist. He supports the existence of the Federal Reserve. He supports drastically increasing our military spending. He once gave a speech about shutting down coal plants as governor outside of a coal plant. He is absolutely not a libertarian. Barack Obama, however, is obviously no better. The valid arguments against Mitt

6 Reasons Why I’m a Capitalist

tea party

A couple of months ago, I was with a group of radical anti-capitalists. They thought that government was the answer to life, the universe and everything. They thought that businessmen secretly cheat on their wives and beat their children, whereas the poor starving individual was heroically beaten down by the brutal financial leaders. Capitalists are

Why Warren Buffett Wants Higher Taxes

Barack Obama

Warren Buffett recently made another public claim that his secretary pays a higher tax rate than he does, and argued that capital gains and dividend taxes should be greatly increased. His main point was that he pays a lower tax rate than his secretary, and because of that we need to increase taxes. Warren Buffett

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