No Result
View All Result
  • Login
Monday, September 15, 2025
FeeOnlyNews.com
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading
No Result
View All Result
FeeOnlyNews.com
No Result
View All Result
Home Economy

People Flee Taxation | Armstrong Economics

by FeeOnlyNews.com
2 months ago
in Economy
Reading Time: 3 mins read
A A
0
People Flee Taxation | Armstrong Economics
Share on FacebookShare on TwitterShare on LInkedIn


 

I have written about how Rome fell, and just by mapping the population of Rome, you can see the fate of many current nations and states operating under poor fiscal policies – people sell and just leave. It is different this time because, under socialism, the government has become abusive. When it came to integration, they sought to implement it by sheer force.

You can’t legislate the poor into prosperity by legislating the wealthy out of prosperity. Jobs are created by the wealthy who become wealthy because of their innovative vision – i.e., Henry Ford, Bill Gates, Steve Jobs, and so on. Henry Ford’s vision created the auto industry. Bill Gates, in bringing DOS to life, created the personal computer industry, as did Steve Jobs. How much employment did just those three men create? Far more than government.

Government creates nothing to advance society or to increase GDP in any positive manner. It is a natural human response not to pay taxes and this is why taxes have been the number one reason for civil war and revolution. It is always resentful to pay taxes, whereas giving money to help someone is rewarding. Taxes tend to support politicians and their pensions. If they must sell some assets to take a government job, it is tax-free. Few leave government without growing their net worth far beyond what one could typically earn through income or investments.

The great welfare state has produced a large segment of fraud and kept many people down since they would rather be taken care of than work to take care of themselves. Even in prison, many people are sentenced to 10 or 20 years, and the first thing they do is commit a crime to get back in, where they do not have to pay taxes, and they are taken care of. You destroy people’s lives for such a long period for non-violent crimes, and then expect them to have a fulfilling life thereafter?

The Evolutionary Cycle of Civilization scaled

In the United States, we have witnessed a significant shift in the population since the COVID-19 pandemic. People are continuing to flee authoritarian states with high taxes like California, New Jersey, and New York in favor of financially friendly states like Arizona, Texas, and Florida.

New Zealand once had a program where if a woman was pregnant and she had no idea who the father was, the government provided everything right down to a free home. They ended up with the highest percentage of women who had no idea who the father of their child was. Naturally, they did know the identity of the biological father, and he would jump out the back window when the social worker visited. They got everything for free then.

Any of these types of programs employ a divide-and-conquer strategy. The government cannot give to anybody anything that the government doesn’t first take from somebody else.  When you reach a state where 50% of the people depend upon the other 50% to pay their bills, you end up with class warfare and bitterness. This is the cycle where civilization rises, peaks, and then crashes when government becomes the enemy of the people.



Source link

Tags: ArmstrongEconomicsfleepeopleTaxation
ShareTweetShare
Previous Post

AIFs, not luxury apartments: How India’s wealthy are reimagining real estate investments, says Karthik Athreya

Next Post

XRP Price Pops and Drops — Can Bulls Regain Control?

Related Posts

How Did America Build the Arsenal of Democracy? (with Brian Potter)

How Did America Build the Arsenal of Democracy? (with Brian Potter)

by FeeOnlyNews.com
September 15, 2025
0

0:37Intro. Russ Roberts: Today is July 24th, and my guest is engineer and writer Brian Potter of the Institute for...

Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”

Hoisted from Comments: “Nuclear Waste Is a Myth the US Promoted….”

by FeeOnlyNews.com
September 15, 2025
0

Yves here. In Friday’s Links, reader Michaelmas made some important observations about the US nuclear fuel model, which does only...

The Division Of The United States Is In Motion

The Division Of The United States Is In Motion

by FeeOnlyNews.com
September 14, 2025
0

I have been getting a ton of emails asking if this assassination of Charlie Kirk is what the computer has...

Evaluating We Have Never Been Woke, Part 1: Elite Overproduction

Evaluating We Have Never Been Woke, Part 1: Elite Overproduction

by FeeOnlyNews.com
September 14, 2025
0

After spending ten posts (beginning here) outlining Musa al-Gharbi’s arguments in his book We Have Never Been Woke, it’s time...

Links 9/14/2025 | naked capitalism

Links 9/14/2025 | naked capitalism

by FeeOnlyNews.com
September 14, 2025
0

Breathtaking cycling featspic.twitter.com/3YL1zyvvXG — Massimo (@Rainmaker1973) September 5, 2025 Neoliberalism Comes for the Warfare State Compact Against Re-Enchantment Plough A...

The First Cause of Modern War is the Modern State

The First Cause of Modern War is the Modern State

by FeeOnlyNews.com
September 13, 2025
0

Human conflict is an intrinsic part of human nature; it is as natural as tears. As Leo Strauss wrote, in modern...

Next Post
XRP Price Pops and Drops — Can Bulls Regain Control?

XRP Price Pops and Drops — Can Bulls Regain Control?

Bank of Israel Governor warns on need for tax hikes

Bank of Israel Governor warns on need for tax hikes

  • Trending
  • Comments
  • Latest
1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

1 Stock to Buy, 1 Stock to Sell This Week: Walmart, Target

August 17, 2025
Of Property Rights, Civil Society, and Shampoo

Of Property Rights, Civil Society, and Shampoo

September 1, 2025
Engine Capital takes a stake in Avantor. Activist sees several ways to create value

Engine Capital takes a stake in Avantor. Activist sees several ways to create value

August 16, 2025
James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

James Galbraith: Crash in Top Economist Hiring Contradicts Elite-Favoring “Skill Biased Technical Change” Theory

September 2, 2025
Vanguard reaches .5M SEC settlement

Vanguard reaches $19.5M SEC settlement

August 29, 2025
RBC wealth revenue rises despite recruiting costs

RBC wealth revenue rises despite recruiting costs

August 27, 2025
These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

0
How Did America Build the Arsenal of Democracy? (with Brian Potter)

How Did America Build the Arsenal of Democracy? (with Brian Potter)

0
Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’

Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’

0
9 Budget Apps That Don’t Sell Your Data (According to Their Policies)

9 Budget Apps That Don’t Sell Your Data (According to Their Policies)

0
Hotstocks KW 37 / 2025: Fokus auf Zyklische Konsumgüter

Hotstocks KW 37 / 2025: Fokus auf Zyklische Konsumgüter

0
Three top execs leave digital bank One Zero

Three top execs leave digital bank One Zero

0
These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents

September 15, 2025
Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’

Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’

September 15, 2025
Three top execs leave digital bank One Zero

Three top execs leave digital bank One Zero

September 15, 2025
Hotstocks KW 37 / 2025: Fokus auf Zyklische Konsumgüter

Hotstocks KW 37 / 2025: Fokus auf Zyklische Konsumgüter

September 15, 2025
I’m 35 and finally financially stable — but now my parents want to borrow K for a new roof. What do I do?

I’m 35 and finally financially stable — but now my parents want to borrow $10K for a new roof. What do I do?

September 15, 2025
How Did America Build the Arsenal of Democracy? (with Brian Potter)

How Did America Build the Arsenal of Democracy? (with Brian Potter)

September 15, 2025
FeeOnlyNews.com

Get the latest news and follow the coverage of Business & Financial News, Stock Market Updates, Analysis, and more from the trusted sources.

CATEGORIES

  • Business
  • Cryptocurrency
  • Economy
  • Financial Planning
  • Investing
  • Market Analysis
  • Markets
  • Money
  • Personal Finance
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • These are the tasks Indeed’s new CEO says HR leaders should hand over to AI agents
  • Strategy Adds 525 BTC as Michael Saylor Says Bitcoin Deserves ‘Credit’
  • Three top execs leave digital bank One Zero
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclaimers
  • About Us
  • Contact Us

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Business
  • Financial Planning
  • Personal Finance
  • Investing
  • Money
  • Economy
  • Markets
  • Stocks
  • Trading

Copyright © 2022-2024 All Rights Reserved
See articles for original source and related links to external sites.