The true principle of taxation is the benefit principle - those who benefit from a government service should pay for it. It's also known as the 'user pay' principle. Every effort should be made to link the payment of taxes or fees to the cost associated with the government service. - Mark Skousen 1 Share Now -
Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success. - Mark Skousen 2 Share Now -
Banking technology has made it simple and efficient to invest in good causes. - Mark Skousen 3 Share Now -
We shall never change our political leaders until we change the people who elect them. - Mark Skousen 4 Share Now -
For those of us in the financial world, Black Friday has a strong negative connotation, referring to a stock market catastrophe. - Mark Skousen 5 Share Now -
The triumph of persuasion over force is the sign of a civilized society. - Mark Skousen 6 Share Now -
Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success. - Mark Skousen 7 Share Now -
Taxation is the price we pay for failing to build a civilized society. The higher the tax level, the greater the failure. A centrally planned totalitarian state represents a complete defeat for the civilized world, while a totally voluntary society represents its ultimate success. - Mark Skousen 8 Share Now -
Fraud is common when you give away billions. Fraud related to Hurricane Katrina spending is estimated to top $2 billion. In addition, debit cards provided to hurricane victims were used to pay for Caribbean vacations, NFL tickets, Dom Perignon champagne, 'Girls Gone Wild' videos, and at least one sex change operation. - Mark Skousen 9 Share Now -
The reality is that business and investment spending are the true leading indicators of the economy and the stock market. If you want to know where the stock market is headed, forget about consumer spending and retail sales figures. Look to business spending, price inflation, interest rates, and productivity gains. - Mark Skousen 10 Share Now -
