Compliance isn’t just a technical burden. It is a threat of legal liability. The bill allows state tax audits by any state against any online vendor.
Read More...Politics
Political decisions have a huge impact on both your financial and personal life. Learn what David John Marotta thinks in his two part series Why I Lean Libertarian and get refreshed by his 2012 candidacy announcement under his self-proclaimed Financial Freedom Party in Ignore the Politicians and Take Control of Your Financial Freedom.
Government Regulations And Compliance Do Not Make Us Safer
The coercive power of government is more dangerous than the free market. Special interests use it to circumvent both the law and economics.
Read More...Amazon Sales Tax Collection: Coming To Your State Soon!
Amazon is currently collecting sales tax for purchases shipped to nine states. It will begin collecting sales tax on purchases for Virginia in September 2013.
Read More...Marketplace Fairness Act Adds Automation to Tax Confusion
It is not a new tax. It is simply a tax that nearly everyone currently reading this column is successfully evading without prosecution.
Read More...Do Tariffs Protect an Infant Industry?
Do infant industries need tariffs to protect them from their own inefficiency and stupidity?
Read More...Is There A Moral Case for “Buy American”?
Perhaps we would be economically better off with global trade, but do we have an obligation to maintain a higher moral standard?
Read More...Video: What’s So Great About Economic Freedom?
Is economic freedom related to other kinds of freedoms? Does economic freedom affect personal choice?
Read More...CPI Inflation Rate Calculator (Experienced vs. Reported)
Have you ever wondered why the CPI, GDP and employment numbers run counter to your personal and business experiences? The problem lies in biased and often-manipulated government reporting.
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Is “Buy American” Un-American?
America will continue to lose jobs where we don’t have a comparative advantage and gain jobs where we do. This change should be welcome.
Read More...Video: Even the Beatles were against highly progressive taxes!
Let me tell you how it will be: There’s one for you, nineteen for me. Should five per cent appear too small, Be thankful I don’t take it all.
Read More...Greenspan, Friedman, Keynes and Lenin All Agree on Inflation
“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.” – Vladimir Lenin.
Read More...Better to Bank with Cyprus Than the United States?
Without any authorizing legislation, the U.S. government has quietly taken more value than Cyprus tried and failed to confiscate.
Read More...Is 95% of the Trade Imbalance Legal Tax Evasion?
As one of Forbes’s 25 largest fictional companies, Stark International could avoid $4 billion in U.S. corporate taxes with this one simple technique.
Read More...Radio: Should We Raise Taxes to Balance the Budget?
David John Marotta was interviewed on radio 1070 WINA’s Schilling Show in March to discuss balancing the national budget, and whether raising taxes is a good method to increase revenue to match spending.
Read More...8 Questions For Those Who Think “Free Trade Fails in Theory and Practice”
If you’ve disagreed with our most recent two articles on free trade, then I challenge you to respond to these questions. Anyone?
Read More...The Benefits of Free Trade Agreements: The Country Always Wins
Average Americans think about trade imbalances the wrong way. They have it exactly backward.
Read More...The Benefits of Free Trade Defined: The Consumer Always Wins
All I want is a simple cup of coffee near where I work. Is that asking too much of free trade?
Read More...Radio: The Importance of Property Rights
David John Marotta was interviewed recently on radio 1070′s WINA Schilling Show discussing property rights and their importance for a free society.
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Big Mac Index Shows Official CPI Underreports Inflation
The lack of an adequate CPI adjustments leave seniors 71 days shy of a year’s worth of lovin’ it. Seniors deserve a break today!
Read More...Do Tax Cuts Actually “Starve the Beast”?
Daniel J. Mitchell of the CATO Institute wrestles with the lack of no historical data to support the Starve the Beast model, only to find out that it’s because politicians have never really given it a shot.
Read More...Should We Raise Taxes to Balance the Budget?
The only two ways to balance the federal budget are to spend less or to collect more. Spending less is the preferred method, but that is just not happening. As a result, politics is pushing many in Congress to try to balance the budget by raising taxes.
Read More...15 Tax Moves For Right Now. Really?
Do any of these ideas suggest any incentive for the highly productive to continue producing?
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Dwight D. Eisenhower on tax cuts and a balanced budget
“Until the deficit is eliminated from our budget, … there is no end to inflation; there is finally no end to taxation; and the eventual result would, of course, be catastrophe.”
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The Effective Rule of Law Propels Prosperity
Property rights are among the characteristics most correlated with high levels of per capita gross domestic product (GDP).
Read More...Are Property Rights Human Rights?
Does a property owner has the right to use and dispose of his property as he sees fit even if that means he is being irrational, arbitrary, capricious, even unjust?
Read More...Bailing out the Boneheads
The recent AIG marketing campaign makes my skin crawl. In what they are calling “America’s Profit,“ AIG boasts that repayment of the bailouts created a positive return for taxpayers.
Read More...Is a National Sales Tax Really Fair?
Claims of “fair” or even “regressive” or “progressive” depend very much on what is used as the denominator.
Read More...Let the Income Tax Die at Age 100
The income tax penalizes productivity, discourages hard work, and suppresses investment.
Read More...Am I Safer If My Neighbor Has A Gun?
Currently homicides are largely committed by minority men age 18 to 39 with criminal records in urban areas killing others in the same demographic.
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Earned Income Tax Credit (EITC) Punishes Marriage
The maximum income for a couple is not double what it is for a single person. Your spouse’s income can disqualify you from credits you could have received if you had not been legally married.
Read More...Earned Income Tax Credit (EITC) Marriage Penalty of $3,603
The maximum income for a couple is not double what it is for a single person. Your spouse’s income can disqualify you from credits you could have received if you had not been legally married.
Read More...Earned Income Tax Credit (EITC) Marriage Penalty of $8,400
The worst marriage penalty is for couples earning between $26,000 and $60,000 who have three or more children.
Read More...EPA: Green Gone Wild
Stewardship suggests limits on how people ought to rule over their environment. It is not a justification for bureaucrats’ limitless rule over people.
Read More...Government taxes $33,356 just because couple decides to get married
You cannot argue this increased tax is their “fair share” simply because they are married.
Read More...New Year’s Resolutions for the Country
To fulfill the financial resolutions of spending less, living within our means, and paying off our debt, the country first needs to encourage production rather than discourage it.
Read More...Trickle-Down Taxation
One of the strange and unintended consequences of targeting the rich with more taxes will be a greater gap between the rich and the poor as employees will shoulder their fair share no matter what.
Read More...The Lord Mayor Would Have Spoiled “A Christmas Carol”
Studies suggest that both a gambling addiction and success in politics correlate with psychopathic behavior. Had Dickens included a gambler personality in a Christmas Carol, it would have been a different story.
Read More...Radio: Duo-Deci Taxation
David John Marotta was interviewed on radio 1070 WINA’s Schilling Show on December 11, 2012 discussing the Fiscal Cliff, rising taxation, and economic discrimination.
Read More...Deck the Halls with Macro Follies
Will millions of middle income consumers spending $2,200 each have a greater stimulus than thousands of small business entrepreneurs saving and investing $100,000 each in new ventures? You decide after watching this holiday video from EconStories.
Read More...The Ninth Amendment: The Value of Our Unenumerated Rights
Few of us ever think about how the Ninth Amendment preserves all of our rights not cited in the Constitution. What are some examples of these unenumerated rights?
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