Tag: tax

  • How the Civil War Really Started, a TAX ship

    How the Civil War Really Started, a TAX ship

    Lincoln’s first written message to congress was about taxes. “My policy sought only to collect the Revenue (a 40 percent federal sales tax on imports to Southern States under the Morrill Tariff Act of 1861).” reads paragraph 5 of Lincoln’s First Message to the U.S. Congress, penned July 4, 1861. “I have no purpose, directly…

  • Greek Taxpayers Facing a Future of Debt Slavery

    Greek Taxpayers Facing a Future of Debt Slavery

    https://mises.org/library/greek-taxpayers-facing-future-debt-slavery Ian Daly https://mises.org/sites/default/files/styles/slideshow/public/static-page/img/greece2_2.jpg?itok=eWfzLOQn Greece has defaulted on its debt to the International Monetary Fund, the first “developed” country to do so. But is Greece merely a casualty of a flawed eurozone or a canary in the coal mine? After hobbling along on “emergency” loans for five years, a $1.73 billion payment due Tuesday night…