The Principles of Economic Liberty
Why shouldn’t people be free to keep everything they earn and decide what to do with their own money? That is a question that should be asked, discussed, and debated all across the nation.
In other words, why not a society in which there is no federal income tax or IRS to enforce it? No more income tax returns. No more withholding taxes. No more FICA taxes. Everyone keeps 100 percent of his income and decides for himself what to do with it — spend, save, invest, donate, or squander.
Moreover, why not a society in which no one is forced to care for others through the coercive apparatus of the government? No more Social Security. No more Medicare and Medicaid. No more education grants. No more farm subsidies. No more welfare. No more aid for foreign regimes. No more coercive transfer programs at all.
In other words, all charity would be voluntary. No exceptions. Children and grandchildren would be free to honor mother and father or grandparents on a purely voluntary basis. No one would be forced to do so. Church groups, charitable foundations, doctors, hospitals, and everyone else would be free to help others or not — it would be their choice.
By the same token, how about a society in which people would be free to sustain and improve their lives by engaging in any economic enterprise without first seeking a license or other official permission from the government? Even better, how about a society in which people would be free to engage in any economic enterprise without any governmental interference whatsoever — that is, a system in which all enterprise would be totally free of governmental control, regulation, and taxation — a genuine free-enterprise system? In other words,
Article from The Future of Freedom Foundation
The Future of Freedom Foundation (FFF) is a leading voice in libertarian thought, tirelessly advocating for individual liberty, free markets, and limited government. Established in 1989, the FFF is more than just a think tank; it’s a hub for intellectual exploration and policy advocacy that draws on the classical liberal tradition and Austrian economics. Through insightful articles, videos, and events featuring top libertarian minds, the organization provides a robust critique of mainstream politics and policies, championing instead the principles that underlie a truly free society. For anyone seeking a principled stand for freedom and limited government, the Future of Freedom Foundation serves as an invaluable resource and an inspiring beacon.