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Should There Be a Right to Keep 80% of Your Income?

Posted By admin On January 5, 2013 @ 4:48 am In Money Watch | Comments Disabled

Lew Rockwell Blog [1]
January 5, 2013

TheĀ Project to Restore America [2] sells some good books and posts some good articles, but I am perplexed by one of itsĀ goals [3]: to amend the Constitution to recognize the “right for every American to keep 80% of his/her income.”

I would like to restore America back to pre-1913 days when there was no income tax and you could keep 100% of your income.

Never going to happen, you say.

I think there is just as much of a chance as the government only limiting itself to taking 20% of your income.


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URLs in this post:

[1] Lew Rockwell Blog: http://www.lewrockwell.com/blog/lewrw/archives/130111.html

[2] Project to Restore America: http://www.theprojecttorestoreamerica.com/

[3] goals: http://www.theprojecttorestoreamerica.com/About

[4] The Income Tax and American Servitude: http://www.prisonplanet.com/the-income-tax-and-american-servitude.html

[5] Obama health care reform imposes 3.8% tax on all income from home sales and home rental income: http://www.prisonplanet.com/obama-health-care-reform-imposes-3-8-tax-on-all-income-from-home-sales-and-home-rental-income.html

[6] A Century of Income Taxation: Vastly More Revenue, Even Vaster Debt: http://www.prisonplanet.com/a-century-of-income-taxation-vastly-more-revenue-even-vaster-debt.html

[7] Citizens Of Illinois Get Slapped With Staggering 33% Income Tax Hike To Fill Deficit: http://www.prisonplanet.com/citizens-of-illinois-get-slapped-with-staggering-33-income-tax-hike-to-fill-deficit.html

[8] Income falls 3.2% during Obama’s term: http://www.prisonplanet.com/income-falls-3-2-during-obamas-term.html

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