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Repeal the Income Tax

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Defending his tax-cut proposal last night, President Bush said, “Unrestrained government spending is a dangerous road to deficits, so we must take a different path. Let the American people spend their own money to meet their own needs, to fund their own priorities, and pay down their own debts.” What Bush failed to explain — what Republicans always fail to explain — is why the American people should not be free to decide what to do with *all* of their money. If people’s income rightfully belongs to them, then why is government even debating how much to permit them to keep? Let’s raise the ante, Mr. Bush. Forget the tinkering and propose a fundamental change in the relationship between the citizen and the state: a repeal of the national income tax and the abolition of the IRS. Wouldn’t this truly let the American people “spend their own money to meet their own needs, to fund their own priorities, and pay down their own debts”?

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    Jacob G. Hornberger is founder and president of The Future of Freedom Foundation. He was born and raised in Laredo, Texas, and received his B.A. in economics from Virginia Military Institute and his law degree from the University of Texas. He was a trial attorney for twelve years in Texas. He also was an adjunct professor at the University of Dallas, where he taught law and economics. In 1987, Mr. Hornberger left the practice of law to become director of programs at the Foundation for Economic Education. He has advanced freedom and free markets on talk-radio stations all across the country as well as on Fox News’ Neil Cavuto and Greta van Susteren shows and he appeared as a regular commentator on Judge Andrew Napolitano’s show Freedom Watch. View these interviews at LewRockwell.com and from Full Context. Send him email.