• ← Back to INVESTOR TIMES
  • Investing Articles
  • Financial Markets News
  • Tech News
  • Cryptocurrencies News
FREEDOM OUTPOST
No Result
View All Result
FREEDOM OUTPOST
No Result
View All Result
FREEDOM OUTPOST

Should Double Income No Kids Pay Higher Taxes?

Freedom Outpost by Freedom Outpost
July 24, 2014
in News
0

Today’s political pundits come up with strategies to shift the tax burden to certain groups instead of suggesting the obvious: lower the tax burden for all by shrinking the size of government.

Slate.com’s blogger Reihan Salam wrote this:

“Who should pay more? Nonparents who earn more than the median household income, just a shade above $51,000. By shifting the tax burden from parents to nonparents, we will help give America’s children a better start in life, and we will help correct a simple injustice.”

Wait, What? Simple injustice? Really?

Basically, Salam is singling out D.I.N.K.s (Double Income No Kids) to punish them.

My wife and I used to be D.I.N.K.s, and it was great. Sales people loved us too, because they knew we had money. I remember when we would tell the appliance salesman that we had no kids and saw his face light up as he pushed us toward a more expensive flat screen TV.

This is what people like Salam need to know: stealing from people via taxation is morally repugnant, and it’s bad for the economy too. Taking away more money from D.I.N.K.s to waste on government programs will hurt the economy and hurt the salesman trying to sell me that new flat screen. D.I.N.K.s are spenders. They are an important demographic and part of the engine that makes the American economy thrive.

I really hate even subjecting readers to this type of thinking. The lack of knowledge of basic economics is shocking, but this is what the Liberty movement is fighting against.

This story reminds me of a quote from Frédéric Bastiat which is so true even today, “Government is the great fiction, through which everybody endeavors to live at the expense of everybody else.”

Well, hopefully we can change this mindset through the new media and the great leaders in the Liberty movement.

Here are some of the leaders who woke me up from my dogmatic slumber: Ben Swann, Ron Paul, Tom Dilorenzo, Lew Rockwell, Tom Woods, and Dr. Jon Boulet, who first introduced me to Austrian economics. There are many more as well. Jeffrey Tucker recently gave a fascinating speech regarding how markets and innovation side step government regulation.

The challenge is getting these leader’s messages out to more people and break through the noise. We need more messaging that advances economic freedom and personal liberty, not the message of government control and the confiscation of property.

I for one wish people like Salam would leave me and my wallet alone. I’m taxed enough already.

Please comment in the section below.

Source

Don’t forget to Like Freedom Outpost on Facebook, Google Plus, Tea Party Community & Twitter.

You can also get Freedom Outpost delivered to your Amazon Kindle device here.

Tagged with 

ben swann dinks double income no kids dr. jon boulet federic bastiat jeffrey tucker joshua cook lew rockwell reihan salam ron paul Tom Dilorenzo tom woods
Previous Post

Heavily Publicized WalMart Shooting Results in Siren Calls to Rewrite Second Amendment

Next Post

Obama’s Allies are America’s Enemies

Next Post

Obama’s Allies are America’s Enemies

About Freedom Outpost

The content of this site has been restored on a non-profit basis to preserve knowledge and serve as a historical archive. All articles were originally published on freedomoutpost.com and belong to their respective authors.

Freedom Outpost was an independent journal published to cover vital public policy issues and offer a public service.

Search in the archive

No Result
View All Result

Latest posts

  • Taking Sides: The Christian's Responsibility in Civic Affairs II
  • EgyptAir MS804 Flight Attendant posted Picture on Facebook of Plane crashing a year before She Died
  • Blue Angels Marine Pilot Capt. Jeff Kuss Could Have Ejected Once He Knew His Plane Was Going To Crash…But He Didn’t
  • Man Jailed After Claiming to be ‘Transgender’ to Assault Women in Shelter
  • Trump: Democrats Against North Korea Summit Just Like They Defend MS-13 & Attack Tax Cuts

InvestorTimes.com

InvestorTimes.com is a privately funded financial publication particularly created for professional and personal investors and intellectually restless individuals.

Our raison d'être is to provide insightful information to any citizen willing to understand global economical markets and the most relevant current affairs.

Contact us: info@investortimes.com

WE ARE LOOKING FOR TALENT

INVESTOR TIMES is always open to the incorporation of talent in its team of journalists and editors. If you would like to be part of our project as a collaborator, we invite you to submit your application.

Contact us: talent@investortimes.com

INTERNATIONAL EDITIONS

Investor Times en Français

Investor Times in Deutsch

Investor Times in Italiano

Investor Times em Português

Investor Times po Polsku

Investor Times на русском языке

El País Financiero (edición en Español)

DMCA.com Protection Status

  • ← Back to INVESTOR TIMES
  • Investing Articles
  • Financial Markets News
  • Tech News
  • Cryptocurrencies News

© INVESTOR TIMES

No Result
View All Result


About Freedom Outpost

The content of this site has been restored on a non-profit basis to preserve knowledge and serve as a historical archive. All articles were originally published on freedomoutpost.com and belong to their respective authors.

Freedom Outpost was an independent journal published to cover vital public policy issues and offer a public service.

© INVESTOR TIMES