So says this nut, Adam Grossman:
As a Libertarian, some of [Harry] Browne’s economic proposals were extreme—including, for instance, abolishing income taxes.
Well now, since the total public debt is today $23.076 trillion and climbing inexorably, I'd say the extremism is all post-1913. Measured in trillions, the public debt in 1913 was less than $0.00 trillion.
Isn't it obvious that income taxes have become irrelevant?
We spend in deficit every year and simply keep adding to the total owed. Might as well just stop collecting income taxes altogether, since we've decided we can borrow indefinitely. We never pay as we go, let alone make payments on what we owe.
Why are taxes even necessary anymore, since nothing has ever had to be paid for, or paid off?
Income taxes are dispensable.
