What We Need Is A Good Old-Fashioned Tyranny!
George III Was Benevolent Compared to the Welfare State
One of my favourite writers on the subject of Political Economy is Gary North. His latest piece, What We Need Is A Good Old-Fashioned Tyranny, discusses the extraordinary levels of tax that we are burdened with today as compared to previous eras. Very topical for Americans as April 15 is tax filing day for most people.
Parts of the article refer back to ancient Egypt. However, there's a more recent example of a "Tyrant" turning out to be better than mis-representative democracy. As the guys at the "Daily Reckoning" have often pointed out, the American Revolution was largely about oppressive taxation. The 3-5% levied at the time must seem nirvana in comparison to current levels!
I regard Gary's "Reality Check" as essential reading and you can take a look for yourself simply by clicking here.
One of my favourite writers on the subject of Political Economy is Gary North. His latest piece, What We Need Is A Good Old-Fashioned Tyranny, discusses the extraordinary levels of tax that we are burdened with today as compared to previous eras. Very topical for Americans as April 15 is tax filing day for most people.
Parts of the article refer back to ancient Egypt. However, there's a more recent example of a "Tyrant" turning out to be better than mis-representative democracy. As the guys at the "Daily Reckoning" have often pointed out, the American Revolution was largely about oppressive taxation. The 3-5% levied at the time must seem nirvana in comparison to current levels!
I regard Gary's "Reality Check" as essential reading and you can take a look for yourself simply by clicking here.
posted by Kevin Francis at
4:18 pm
