The Flat Tax Revisited
Every four years, during the presidential election season, Republican candidates criticize the abuses of the IRS and the complexity of …
Tag: social security
Sticking to Your Principles (and other life lessons)
LCC reader Ron emailed me recently about my post: “Should we hold all things in common?” He writes: I share …
Should we hold all things in common?
Keith asks via email: Do you think that if the church really returned to the way of the early church …
The Lottery is the Best Tax
This essay continues the Christian Theology and Public Policy Course by John Cobin, author of the books Bible and Government …
Social Slavery
The current Social Security (aka “socialist insecurity”) system is designed as a pay-as-you-go system, in which current workers’ tax dollars pay for the benefits of retirees. And the system is in serious trouble. With increased life expectancy and a declining birth rate, there are fewer workers to support a greater number of retirees. In 1950, there were 16 workers paying for the benefits of one retiree. Today, there are about three workers per retiree, and by 2025 there will only be two. According to the Social Security Administration itself, if unreformed, Social Security will begin running a deficit by 2017, and by 2060 Social Security and Medicare combined will make up 71 percent of the federal budget.
10 Things I Hate About Taxes #5: Your Tax Dollars at Work
Think about all the crazy things you know your tax money pays for…