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Your Money or Your Life: Why We Must Abolish the Income Tax QUOTES

Your Money or Your Life: Why We Must Abolish the Income Tax QUOTES

1 " To appreciate how income taxation reduces prosperity form what it could be, imagine a 100 percent tax on incomes. We wouldn't expect much prosperity in such a society. People would have no incentive to earn money. They would devote resources to hiding the little they did earn. No investments would be made. No savings would exist to increase living standards. People's activities would be grossly influenced by the tax.
If we lower the rate from 100 percent, the principle does not change. . . If you want less of something, tax it. "

― , Your Money or Your Life: Why We Must Abolish the Income Tax

2 " Progressives did not like the antiquated thinking that saw the Constitution as a barrier to government expansion. The "living Constitution" was born. That benign-sounding phrase (coined later) was conjured up to justify changing the Constitution, without formal amendment, from a limit on power to a blank check. What was impermissible to the federal government by an earlier interpretation became permissible once the Constitution was construed as a evolving document. But by that philosophy, the Constitution is no limit on government power at all. A constitutional government that defines its own powers is a contradiction in terms. "

― , Your Money or Your Life: Why We Must Abolish the Income Tax

3 " Tax relief through deductions is very precarious. It is a way for the government to let you keep a little cash without conceding that it is your money. Tax deductions can be taken away. . . "An income tax deduction is a matter of legislative grace," the U.S. Supreme Court said in 1943. In other words, all income belongs to the state. If it allows you to use some of it for purposes it chooses, be grateful. But don't think it is yours as a matter of right. That is where the Sixteenth Amendment to the U. S. Constitution has delivered us. "

― , Your Money or Your Life: Why We Must Abolish the Income Tax

4 " If people give up their attachment to expansive government, they will feel free to fight the income tax. "

― , Your Money or Your Life: Why We Must Abolish the Income Tax