Tag: taxes

Written by WRITTEN BY J DARENSBURG

TAXATION WITHOUT REPRESENTATION

America’s corporations are sitting on close to $2 trillion in offshore bank accounts in places like the Cayman Islands and Bermuda. That’s cash that is not being used to create jobs, build factories, or improve infrastructure. In a country where upward mobility is virtually impossible, corporations have become less committed to workers well-being and more […]

Written by WRITTEN BY J DARENSBURG

Concerning the General Power of Taxation

In Federalist Paper #30, Alexander Hamilton argues that the new American government must possess unrestrained power to impose taxes to support all the basic functions of that government – particularly the power to raise and supply an army or militia. He mentions building fleets and paying debts, but most of his examples deal with the […]