John Stossel shops his new book....

Always interesting to hear a top notch libertarian communicator, enjoy.

May Day! Mayday! M'aidez!

The annual May Day shenanigans took place last week. Traditionally May Day was the beginning of summer in the northern hemisphere. It has since morphed into International Workers' Day (kind of a spring time Labour Day) for a variety of reasons.

Mayday is also the traditional distress call used by sailors and airman which comes from the original French: "m'aidez," literally "help me."

The idea of "help me" links the distress call, to the current economic malaise and to the indebted employed and unemployed worldwide, through International Workers Day (IWD). Whether one is lost at sea or deep in debt, assistance is needed.

May Day has offered the Occupy Wall Street (OWS) movement the opportunity to restate their case this spring. What is their case? That seems to depend where you're looking.

In the United States the OWS May Day protests are complicated. America seems to be in perpetual state of war and has been in an economic depression since the last days of Bush 2. This video link to ReasonTV is indicative of how complicated their protests are.

Many of my libertarian friends see OWS as a grassroots movement, one that we need to embrace and get in front of to help our cause. I don't think so. I think this story is like the early days of the Tea Party in the US.

American libertarians jumped on the Tea Party bandwagon, until it was clear that it was just a neo-conservative revival, and not libertarian at all. The Tea Party has blended into the GOP wallpaper.

I believe that will happen to OWS (they will blend somewhere), but calling OWS neo-collectivist may be a bit of a stretch. Collectivism is already the dominant political force in most Western democracies. The only thing that is "neo" about OWS, is that it seems to be led by the young. Their "new ideas" linked to International Workers Day last week, still clings to the Marxist idea that workers of the world are oppressed somehow by capitalists, and that the workers can break their chains and demand their rightful position as rulers of themselves (and the capitalists). OWS claims that they are the majority (99%), and by virtue of that fact, deserve a bigger share of the wealth owned (they say) by the 1%. It's an old idea.

So far in Canada, Occupy protests are relatively peaceful, though some of the protests have become more violent in the States where the economy is worse.

The Soviet era May Day Parade picture I've included, shows that Marxism was never benignly peaceful, and OWS by extension is not either. The occupation of someone else's property is a violent act, even if it is "public" property. No one should be under any illusions that somehow OWS is benign, or that they are on the side of liberty. They are still a confused rabble, but I believe they will be brought to heel at some point, and show themselves as the collectivists they are, despite the confused press they are getting.

The three month old "student strike" (oxymoron anyone?) in Quebec is a demonstration of the neo-collectivism in action. Post secondary students in Quebec have the lowest tuitions in the country. They have been given a cheap ride for many years. A Quebec budget proposal of small incremental increases in tuition prompted violent demonstrations in recent weeks. For the students in Quebec the cheap ride was not enough, they have demanded the keys and the entire car too. So it is with collectivism, once the moral argument is accepted that we are all responsible for the "wants" of one another, then property is irrelevant and what's yours is also mine. M'aidez is no longer a request for assistance, but a demand.

Big time tax avoidance

In Canada your taxes are due today, or else be prepared to suffer penalties if you happen to owe money.

Avoiding tax is one of the most popular games on the planet. The more tax you are required to pay, the more incentivized you are to avoid taxation. That is true for individuals as well as corporations, and what is also true is that wealthy individuals and corporations generally find ways to pay the least amount of tax.

Apple Corporation is one of the largest (if not the largest) companies by market capitalization in the world. But Apple has found ways to avoid billions of dollars in US corporate tax legally. More ammunition to support the Laffer Curve.

A Lesson for taxpayers and government

Its tax time in Canada, again. 
The fact is there is a constant stream of tax revenue that flows into the Canadian Federal government pot each and every minute of everyday. The flow of revenue increases during the waking hours as daylight marches across the country, but it reaches a torrent towards the end of April every year.


Aside from my feelings about taxation, like, its legalized theft, its immoral, I don't support this or that, but I'm forced to pay for it anyway, why can't I at least pick and choose where I want to spend my money - aside from all that, it's a pain in the ass to do.


I've talked about a flat tax form before, here and here. Yes, I know its still a tax, still coerced, but think of the hours saved and the stress avoided? One piece of paper, how much did you make? Pay 15%, or whatever, end of story.

But a flat tax would create huge distortions in the tax industry and economy in general. My Turbotax software would be unnecessary, all those people toiling to minimize the pain would need to find other employment. Thousands of accountants, lawyers, and other tax preparers have become huge businesses that depend on the stacks of arcane rules that exempt this or that, and whose primary purpose is to avoid payment. Entire lifelong careers have been created for so many. Think of the government lobbyists these guys must have? You may be assured, flat taxes are not on their agenda.

I'm not going to ignore our law makers, who sit in various legislature buildings in every provincial capital and Ottawa, dreaming up new ways to tax and of course spend. "Spend" is the real issue, isn't it? It was the spending during World War I, that created the need for a "temporary" income tax in 1917. Yes, temporary; but once the precedent was set, well, here we are 95 years later, some "temporary." You can thank Robert Borden, he's the guy on the $100 bill, the new plastic bill.

Its true, our democratic governments have never had a problem collecting money. Governments have learned to use brute force in such subtle ways that some people actually don't think they are taxed enough. But those people should be asking why not spend less? How refreshing is that? Here is an interesting spin on revenue and spending.