22 March 2012 0 Comments

Democratic 1% of 1% Part 4: Penn State – Double Standard – Taxpayers Subsidize Billionaire Tax Exempt Private Corporation

Each year The Forgotten Taxpayer subsidizes PENN STATE UNIVERSITY. In Fiscal Year 2011-2012, the Republican Governor and the Republican General Assembly voted Penn State 227,694,000 1, almost a quarter billion dollars. For Fiscal Year 2012-2013, the Governor has proposed Taxpayer subsidy of $163,461,000 2. PENN STATE UNIVERSITY is a multibillion dollar tax exempt corporation with […]

6 March 2012 0 Comments

Feeding the Goose That Lays Golden Egg and Coordinated, Cooperative, Complex and Spontaneous System Human Action of the Free Market

I think, taxing capital can only meanĀ  less productive growth, fewer jobs, fewer goods and services and a lower standard of living. Patrick Barron, an Austrian Economist: “The only means of increasing prosperity is to apply more capital goods to the production process. Taxing capital away makes us poorer than we would otherwise become. The […]