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Tag: Income Tax

Where to Draw the Line Between Charity & Socialism

QUESTION:  A helping hand is not socialism I get perturbed about the lack of distinction between socialism and where a helping hand of the kindly state ends. I...

Obama – You Can’t Fool All the People All the Time

QUESTION: Mr. Armstrong, I remember Obama promising to eliminate income tax on seniors. They always just say whatever gets them votes and never do anything they...

Taxation Without Representation or Even Residency

QUESTION: Mr. Armstrong; The taxation of the internet seems to be rising. At the same time it appears as though this could really harm the economy by reducing...

Who Creates Social Inequality?

QUESTION: Dear Martin Armstrong, I appreciate very much your economic analysis and read your blog nearly daily although I disagree with some of your political...

How to Create A Fairer System

  QUESTION: Mr Armstrong, I am an avid fan of your site and thoroughly enjoy your posts. As much as I am against tax, would you not agree it’s rather sick...

Economists Say Trump is Wrong

Yahoo reported that economists deny Trump’s ability to bring jobs back to America from China and other countries. Well, the economists are wrong. All it would...

Municipals Squeezed Between Feds & State

In response to questions from a major U.S. city and the debt crisis, I will not mention the names for this is sensitive and highly political. I have decided to...

When Did I Become Wealthy?

COMMENT:  Martin, your recent post makes me wonder when did I become “one of them rich people”? We have a family business, it’s no glamour job, I...

Inequality of Wealth

1904 View of Standard Oil During the Progressive Era around 1910, the Marxist view of the world was all about the massive wealth of the very rich like Rockefeller....

Income Tax Has Been Highly Destructive to Society

QUESTION: Mr. Armstrong; I understand the income tax was introduced in 1913 with the creation of the Federal Reserve. Is it possible for a nation to survive...