The American Freedom Network

High Taxes and Their Effects

I’ve just uploaded an essay on hidden taxes to Helium. My subtitle asks the key question: The Immensity of Invisible Taxation: At What Cost to America?

Here’s an excerpt to whet your appetite:

Milton Friedman’s insight into the tax issue is illuminating: “The true cost of government to the public, is not measured by explicit taxes but by government spending. If government spends $500 billion, and takes in through taxes $440 billion…who pays the difference? Not Santa Claus.”

We all pay the difference as our government borrows and pays interest on the debt. Our yearly deficits are a hidden tax.

Friedman continues: “The thing we must keep our eye on is what government spends. That’s the measure of the amount of resources of the nation that people cannot individually and separately decide about. It’s a measure of the amount we turn over to the bureaucrats to spend on our behalf.”

Obama’s $1 trillion per year projected deficits are an enormous drain on individual freedom. We as individuals will not be allowed to make decisions on how to spend that money. As Friedman noted, Obama has now turned that enormous leverage over to the bureaucrats. Quite intentionally, as I hope to demonstrate here.

Hidden taxes mean no tax resistance. You don’t resist what you don’t know about. As such, they are a boon to those who wish to wrest control over trillions of dollars, such as those extraordinarily wealthy Democrats, such as Soros and Buffett, who are not satisfied with their billions.