At 07:25 PM 10/13/2003 -0400, Hannibal Smith wrote:
One can prefer to pay the 10% voluntarily, but then the disadvantage is thatsome people may cheat.

You stated previously that 10% inflation (or whatever number the state planners decide is best for "the general welfare") is great for economic growth.


Above, you seem to be clearly in favor of inflation (which is nothing but disguised theft of property, and therefore of an individual's life), precisely because a _voluntary_ 10% taxation scheme wouldn't actually work.

So you clearly understand that the only way to rob an individual of 10% of his hard-earned wealth is through force and/or fraud, and inflation is both.

This limitations of taxation is what kept the U.S. federal government relatively in check prior to the Civil War. Direct taxes and tariffs are all to visible to most citizens, so if the federal government is limited to them (which it was) then it is throttled. The unchecked growth of the U.S. federal government didn't really get underway until the Civil War (when the first income tax was briefly imposed) and its aftermath which left those who opposed its growth, mainly in the Southern States, under the shackles of The Reconstruction (nee Re-Education).


steve



--- You are currently subscribed to e-gold-list as: [EMAIL PROTECTED] To unsubscribe send a blank email to [EMAIL PROTECTED]

Use e-gold's Secure Randomized Keyboard (SRK) when accessing your e-gold account(s) via the web and shopping cart interfaces to help thwart keystroke loggers and common viruses.

Reply via email to