Thoughts, essays, and writings on Liberty. Written by the heirs of Patrick Henry.

June 28, 2012

Did Justice Roberts Help Romney and Provide a Path to Repeal ObamaCare?

Over at Red State, Erick Ericson theorizes that Chief Justice John Roberts joined the majority opinion as a way to put ObamaCare back into the hands of the political branches to decide the law’s fate: The Democrats have been saying for a while that individual pieces of Obamacare are quite popular. With John Roberts’ opinion, [...]

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Supreme Court Upholds Affordable Care Act

As Quincy notes below, the Supreme Court upheld the Constitutionality of the Affordable Care Act today by relying upon an argument that most people had not been paying attention to: WASHINGTON — The Supreme Court on Thursday left standing the basic provisions of the health care overhaul, ruling that the government may use its taxation [...]

Posted By: Doug Mataconis @ 7:58 am || Permalink || Comments (3) || TrackBack URI || Categories: Commerce Clause,Constitution,Politics,Taxation,Tea Party
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April 13, 2012

Milton Friedman on Libertarianism and Humility

On August 14, 1990, Milton Friedman gave a speech at the International Society for Individual Liberty’s 5th World Libertarian Conference on the subject of libertarianism and humility. There are many adjectives which can be ascribed to libertarians but “humble” usually isn’t one of them. Among the quotable parts of the speech, Friedman said the following: [...]

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December 29, 2011

California Has Problems, And They’re All Kim Kardashian’s Fault

There are plenty of folks saying today that while California might be — on its own — in the top 10 largest economies in the world, our political system far more closely resembles that of Greece. High spending and an inability to live within our means despite some of the highest taxes in the nation. [...]

Posted By: Brad Warbiany @ 12:28 am || Permalink || Comments (3) || TrackBack URI || Categories: Activism,Taxation
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November 22, 2011

Reducing OWS Economic Equality Demands to Their Absurd Conclusions

While I’m sympathetic and agree with some of Occupy Wall Street’s grievances, too many of their solutions are fatally flawed. Louis DeBroux over at United Liberty has written some grade A quality snark concerning OWS’s demands for economic equality. DeBroux says he had an epiphany while watching some of the ESPN coverage concerning the NBA [...]

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November 2, 2011

The Challenge of Creating an Economically Sound, Simpler, and More Just Tax Code (Part 3 of 3)

Part 1 Part 2 The challenge of creating an economically sound, simpler, and more just tax code, be it the existing code, 9-9-9, a flat tax, or a sales tax will remain an impossibility if tax revenues is the only focus of any reform. The problem that dwarfs any notion of how tax policy is [...]

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The Challenge of Creating an Economically Sound, Simpler, and More Just Tax Code (Part 2 of 3)

Part 1 Is an economically sound, simpler, and more just tax code even possible? The truth of the matter is that there are too many people on the Left and the Right who do not want a simpler tax code that treats everyone equally. It’s probably not because the defenders of the existing system necessarily [...]

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October 31, 2011

Peter Schiff to OWS: “I Am the 1% Let’s Talk”

Here’s a very fascinating video taken at New York’s Zuccotti Park where Peter Schiff has a dialogue with some of the Occupy Wall Street protesters. Schiff brought a sign that read “I Am the 1% Let’s Talk,” and talk they did. One of the things that occurred to me watching this was how little true [...]

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October 27, 2011

The Challenge of Creating an Economically Sound, Simpler, and More Just Tax Code (Part 1 of 3)

If there is one positive thing Herman Cain has contributed to the national debate it would be this renewed discussion about tax reform. While I am skeptical of some of the specifics of his 9-9-9 plan, if nothing else, Cain has forced the other candidates to come out with proposals of their own. Gov. Rick [...]

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October 18, 2011

Ron Paul Unveils “Restore America” Plan

LAS VEGAS – Republican presidential candidate Rep. Ron Paul unveiled his economic “Plan to Restore America” in Las Vegas Monday afternoon, calling for a lower corporate tax rate, a cut in spending by $1 trillion during his first year in office and the elimination of five cabinet-level agencies.” […] Paul does get specific when he [...]

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September 26, 2011

Gary Johnson and Ron Paul CPAC Speeches

The 2012 G.O.P. candidates each gave speeches at CPAC following the debates. Below are the speeches from Gary Johnson and Ron Paul. The first video is Johnson’s presentation before perhaps the largest audience he has had in awhile. Johnson spends a good part of his presentation introducing himself before giving an overview of his proposals. [...]

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August 2, 2011

Should Republicans Fight Gas Tax Renewal?

It appears that our Federal $0.184/gallon gasoline excise tax is set to expire in just under 2 months, on September 30. This was news to me. As my colleague Doug blogs over at Outside the Beltway, this is being batted around as potentially being big news — brought to you by Grover Norquist & the [...]

Posted By: Brad Warbiany @ 10:21 am || Permalink || Comments (3) || TrackBack URI || Categories: Politics,Republicans,Taxation,Tea Party
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August 1, 2011

The 2-Minute Budget Deal Reaction: Open Thread

So I’ve had a tiny bit of time to reflect on the budget deal. Here are the key points: $900B in immediate cuts [1/3 to defense], coupled to a $900B immediate debt ceiling increase. Additional $1.2T-1.5T debt ceiling increase IF Congress either passes a balanced budget amendment or a bipartisan commission creates a debt reduction [...]

Posted By: Brad Warbiany @ 11:03 am || Permalink || Comments (10) || TrackBack URI || Categories: Fiscal Policy,Open Thread,Politics,Taxation,Tea Party
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July 27, 2011

Social Security Trust Fund: Accounting Kabuki

The looming government debt ceiling crisis has cause Obama to threaten inability to pay Social Security checks. It’s renewed the debate, which I’ve hashed out many times (here, here, here and here, for posterity’s sake), whether the Social Security “Trust Fund” is a veritable asset or merely a convenient accounting fiction used to hide deficits. [...]

Posted By: Brad Warbiany @ 3:51 pm || Permalink || Comments (5) || TrackBack URI || Categories: Fiscal Policy,Government Transparency,Taxation,The Welfare State
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July 23, 2011

Sorry Steny…

…but California is living proof that a supermajority requirement doesn’t “make it virtually impossible to raise revenue,” it only encourages stupid politician tricks.

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July 19, 2011

Quote of the Day: Wet Blanket Edition

President Obama and his sycophant Keynesian friends in the MSM can’t quite figure out why his policies haven’t improved the economy. Maybe President Obama should listen to an actual job creator, Steve Wynn to get some clue about why businesses aren’t expanding. Here is an excerpt from Wynn from a recent conference call where he [...]

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July 15, 2011

Ron Paul’s First 2012 Political Ad Warns Republicans to Avoid Repeating the Mistake of Trusting Democrats on Taxes and Spending

Can the Republicans trust Democrats and compromise by raising taxes in exchange for spending cuts in this debt ceiling debate? Ron Paul says “no” in his first 2012 political ad. Why not trust Democrats? Ask former President George H.W. Bush what happened to him when he broke his infamous “Read my lips” promise that he [...]

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July 14, 2011

Kevin Drum Is An Innumerate Hack

Kevin Drum don’t grok numbers. I think we all knew that. But occasionally he goes so far over the edge that it calls for correction, and today’s one of those days. Kevin has taken a handy chart (originally here), and drawn some trendlines onto it to proclaim that we don’t have a spending problem at [...]

Posted By: Brad Warbiany @ 1:34 pm || Permalink || Comments (5) || TrackBack URI || Categories: Economics,Fiscal Policy,Taxation
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July 13, 2011

A Brief Constitutional Lesson for Congresscritters… Particularly those from Kentucky…

United States Constitution Article 1, Section 7 All bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills. The issuance of debt is a revenue raising measure. The “debt ceiling” is, in fact, legislation initiated in the House of Representatives, which [...]

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May 12, 2011

Quote Of The Day

From a friend of Billy Beck, relayed on Facebook: “Oil hearings: Government taxes account for 15% of gas price, company profits only 5%. Follow the dots: The government has 3x the incentive to keep prices high and engage in gouging and restrict further supply as the companies do.” Wrong. Well, 90% wrong. The bulk of [...]

Posted By: Brad Warbiany @ 2:52 pm || Permalink || Comments Off || TrackBack URI || Categories: Quote of the Day,Taxation
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