What Life Is Like When The Truth Revealed In CtC Is Widely Understood
By Peter Hendrickson [Full original at this location.]
Your great-grandparents would remember this with aching fondness; you will be delighted and astonished.
IN HIS 1776 MASTERPIECE ‘An Inquiry into the Nature and Causes of the Wealth of Nations’, (and other of his writings, as well) Adam Smith explains the concept of the “invisible hand” by which each individual looking out solely for his or her own self-interest nonetheless organically supports and improves the well-being and prosperity of the whole community. America’s founders and the framers of the United States Constitution, who were close students of Smith’s work and wisdom, employed the same principle in their establishment of the federal tax structure.
That structure is designed to ensure that federal revenue reliance would necessarily be upon excises, imposts and duties, the incidences of which are entirely within the control of each individual citizen. Because each citizen naturally attends to his or her own financial well being by limiting such incidences, the Founders’ structure, like a mighty invisible hand energized by hundreds of millions of individual self-interests, relentlessly keeps the state lean and on the leash– when that structure is functioning as intended and is not nobbled by ignorance and Leviathan-serving mythology and disinformation. Continue reading