Milton Friedman – The Negative Income Tax

In this 1968 interview, Milton Friedman explained the negative Income Tax, a proposal that at minimum would save taxpayers the 72 percent of our current welfare budget spent on administration. http://www.LibertyPen.com

Source: Firing Line with William F Buckley Jr.
Buy It : http://www.amazon.com/Firing-Line-William-Buckley-Jr/dp/B004SQFQL0/ref=sr_1_2?ie=UTF8&qid=1336999966&sr=8-2

Duration : 0:14:46

Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Corporate Taxes: Winning

Raising taxes on U.S. corporations that do business abroad – as some in Washington, D.C. have suggested – won’t protect American jobs. In a global marketplace, companies need to be able to compete wherever their customers are. Successful U.S. companies end up expanding payrolls both at home and abroad.

Duration : 0:2:12

Continue reading

Technorati Tags: , , , , , , ,

Milton Friedman – Why Tax Reform Is Impossible

Friedman explains why our tax code is enormously complex and not likely to change. Keep up with liberty issues at http://www.LibertyPen.com

Duration : 0:14:29

Continue reading

Technorati Tags: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Are Corporations People?

Students, get a full week of this at a summer seminar: http://lrnlbty.co/Hvopp9

Corporations are not monoliths — they are made up of individuals, including workers and non-wealthy shareholders. So are corporations distinct from the people that comprise them? When corporations are taxed, who pays the tax? Economics professor Steven Horwitz shows why a tax on corporations is not the equivalent of a tax on the wealthy. Instead, workers and consumers will pay these taxes. A tax on a corporation is also a tax on the workers who work at the corporation, the consumers who buy from the corporation, and the shareholders who own the corporation as part of their retirement fund.

Duration : 0:2:48

Continue reading

Technorati Tags: , , , , , , , , , ,

Corporate Taxes: We’re Number One

It’s official. After eight years of having the second-highest Corporate Tax rate among industrialized countries, the United States has now assumed the top spot following Japan’s scheduled corporate rate cut on April 1, 2012.

Duration : 0:2:1

Continue reading

Technorati Tags: , , , , , ,

Negative Income Tax

Based on some ideas expressed by Milton Friedman, the negative Income Tax is a compromise of sorts. It allows a small amount of government assistance in exchange for the elimination of the welfare state. It achieves the goals of those who advocate a safety net by effectively setting an income floor, while not sacrificing an incentive to work, invest, save, and prosper.

Duration : 0:3:31

Continue reading

Technorati Tags: , , , , , , , , , , , ,