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Posts Tagged ‘Jeffrey Tucker’

Cover of "The Corporation"

The federal personal income tax in the United States isn’t constitutional, but the federal corporate income tax is.

Ironically, Walter Block of the Mises Institute has written in defense of corporations, despite them being creatures of government. It perhaps should come as no surprise, since the Mises Institute is a 501(c)(3) government-sanctioned and regulated tax-exempt organization that got its status from founder Lew Rockwell and others, begging the government they claim to hate, for such status.

Despite Mises Institute VP Jeffrey Tucker conveniently overlooking McDonald’s Obamacare exemption and corporate subsidies they receive when waxing on about all the taxes they pay, he is right in not condemning the federal corporate income taxes paid by McDonald’s, since they are both constitutional and justifiable.

A Google search for “the income tax is unconstitutional” turns up 57,400 pages, showing the prevalence of those who fail to distinguish between the constitutionality of income taxes and corporate income taxes.

It is why I am careful to say that I am against direct taxes on individuals, and not all direct taxes, since corporate taxes are a direct tax on corporations, which are creatures of government.

The federal personal income tax is unconstitutional, since the most powerful argument is given in Aaron Russo’s documentary, From Freedom to Fascism, whereby the Supreme Court has repeatedly ruled that the 16th amendment conferred no new taxing power upon the federal government, and it was agreed it didn’t have that power prior to the amendment.

A heavily progressive personal income tax is one of the 10 planks of the Communist Manifesto, and with good reason, since its purpose is wealth redistribution.

A corporate tax can also be used for wealth redistribution but its justification is that it’s compensation for the special privileges that corporations are afforded by the state that created them, and corporations have no rights, while people do, and one of those rights includes keeping the fruits of your own labour.

Some people, like Walter Block, pretend to be great libertarians, and even have the audacity to claim they hate the state, and others don’t. Yet it is ironic that these neo-libertarians, as I call them, have turned libertarianism upside down to the point of arguing that government-created entities effectively have rights, with some of them even arguing that even corporate taxation is theft, despite me showing how the blanket statement that “taxation is theft” doesn’t withstand scrutiny.

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Dr. Stan MonteithDr. Stan Monteith, a 49-year veteran researcher of alternative information suppressed by the mass media, and radio broadcaster since 1993, said on his October 26, 2011 broadcast (at 48:40):

I want you to know, we are not tax deductible, because we want to be able to tell you the truth.

I wholeheartedly agree with Dr. Stan Monteith’s concern with tax-exempt government-sanctioned and regulated organizations, and I particularly became concerned with the Ludwig von Mises Institute, which purports to advocate for a minimal — and among some of its associates, a non-existent role for government in the economy — yet is a tax-exempt organization. For more on them, see my articles:

1) The Ludwig von Mises Institute hates government so much, they’re a government-sanctioned and regulated tax-exempt organization.

2) The Ludwig von Mises Institute hates monetary inflation so much, they owned $4 million in U.S. Treasury Bonds in 2007.

3) Mises Institute VP Jeffrey Tucker says McDonald’s is the paradigm of progress, yet ignores their government-granted Obamacare exemption.

For more on Dr. Stan Monteith, see my articles:

1) Dr. Stan Monteith on Lyndon LaRouche: “He is, I believe, part of the controlled opposition.”

2) Championed Canadian political success stories on Radio Liberty with Dr. Stan Monteith

3) Dr. Stan Monteith explains the limited role of the federal government that few Christian evangelicals seem to get

4) “The fiat money system works well if it’s tightly controlled:” Dr. Stan Monteith

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McDonald's

On June 28, 2011, Mises Institute VP Jeffrey Tucker extolled McDonald’s success in the challenging economic times since 2008 in his article, McDonald’s as the Paradigm of Progress.

He points out that McDonald’s appears to be responsible for more than half the new jobs being created in the U.S. recently, while managing to pay more than 30% of its income in annual taxes. However, he does recognize some libertarian criticisms of McDonald’s.

It’s true that McDonald’s is not entirely sustained by the market alone, and even overly scrupulous libertarians have jumped on the attack. It’s true that it has been reported that some of its business loans were backed by TARP money after the crisis of 2008, and, of course, it benefits indirectly from subsidies on corn and the like.

I do appreciate his indirect compliment of being an “overly scrupulous libertarian,” though I don’t think it’s being overly scrupulous to point out McDonald’s feeding at the public trough, including in a big way that Tucker doesn’t even mention — namely, their government-granted Obamacare private health insurance exemption.

While your average mom-and-pop restaurant has to pay the unconstitutional tax, McDonald’s doesn’t, since they have full-time Washington lobbyists.

Despite my view that the private health insurance mandate is unconstitutional, according to an originalist interpretation of the commerce clause, and even according to a post-Roosevelt interpretation of the commerce clause, I don’t think that an exemption for a big multinational is to be overlooked or justified at the expense of the unfair advantage it grants over smaller businesses.

For my critical analysis of the Mises Institute, see how they hate monetary inflation so much, they owned $4 million in U.S. Treasury Bonds in 2007, and how they hate government so much, they’re a government-sanctioned and regulated tax-exempt organization.

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