Arkansas Governor Asa Hutchinson recently called a special session to consider once again lowering our State income tax. Through this system of low taxes, a defense of private property rights, and historic individual freedom the United States quickly became the world’s greatest and freest economy.Ĭurrently, there are nine states which do not have a state income tax. Mirrored in Federalist 21 by Alexander Hamilton, the consumption tax was largely used to balance the budget. In fact, according to the Bill of Rights Institute, many of the Founders held a belief in taxes on imported goods or luxury items. Prior to the advent of the progressive agenda in the early 20th century, Americans understood the necessity of some taxes. It was not until about 1910 that an income tax was first applied in the United States. “When the law itself commits this act that it is supposed to suppress, I say that plunder is still committed, and I add that from the point of view of society and welfare, this aggression against rights is even worse.” If it’s illegal for an individual to steal, it’s also illegal for a government. But he continues by describing a situation in which the government is the thief. It comes in the form of Democrat individual and corporate tax rate increases with the Leftist rhetoric of asking the rich “to pay their fair share.” Not only does the Republican Party platform view this as morally reprehensible, we believe it is counterproductive from an economic standpoint.Ī 19th century French economist and political commentator named Frederic Bastiat popularized the concept of “legal plunder.” Starting his lesson in The Law, published originally in 1850, Bastiat described that “plunder” was the theft of someone else’s property for personal gain. Taking a hint from European socialist countries, modern America has sadly begun to pursue a Robin Hood perspective, robbing from the rich to feed the poor. We know that people were starving because of excessive and unaffordable taxation by those corrupt leaders, but was Robin of Loxley right?Įveryone also knows that famous quote from Benjamin Franklin: “In this world, nothing is certain but death and taxes.” While the American people have always understood the necessity for some taxation for defense, infrastructure, and other public goods, our country has lately devolved into an economic system of excessive taxation to supplement increasing social program expenditures. Whether you imagine Errol Flynn in tights, Kevin Costner with an always-wise Morgan Freeman by his side, or Walt Disney’s fox, the lesson to folks was the same: “robbing the rich to feed the poor.” Now, obviously, we know the Sheriff was corrupt. We all grew up hearing the story of Robin Hood, the English character who sought the downfall of the evil Sheriff of Nottingham and the return of King Richard II.
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