Daily Archives: September 29, 2011

AlterNet: How ‘Small Government’ Conservatives Raise Your Taxes Through Stealthy Back-Door Fees

From drivers' licenses to public schools, state and local governments are raising money any way they can–all while cutting taxes on the rich.

-By Joshua Holland

September 9, 2011- Here's a simple fact the Right would like you to ignore: cutting public spending doesn't lead to fewer dollars being “taken out of your pocket” for the services government provides; it merely shifts those costs around, and often increases them.

When conservatives say, “I'm for lower taxes and fiscal responsibility,” what they really mean is that they favor cutting top marginal tax rates – those paid by a relatively wealthy few – capital gains taxes on investments, inheritance taxes and taxes on corporations. And to make up for those revenue losses, they are happy to run higher deficits and very quick to raise taxes on the rest of us.

The Nation: Charles Koch to Friedrich Hayek: Use Social Security!

-by Yasha Levine and Mark Ames

September 27, 2011- There’s right-wing hypocrisy, and then there’s this: Charles Koch, billionaire patron of free-market libertarianism, privately championed the benefits of Social Security to Friedrich Hayek, the leading laissez-faire economist of the twentieth century. Koch even sent Hayek a government pamphlet to help him take advantage of America’s federal retirement insurance and healthcare programs.

This extraordinary correspondence regarding Social Security began in early June 1973, weeks after Koch was appointed president of the Institute for Humane Studies. Along with his brothers, Koch inherited his father’s privately held oil company in 1967, becoming one of the richest men in America. He used this fortune to help turn the IHS, then based in Menlo Park, California, into one of the world’s foremost libertarian think tanks. Soon after taking over as president, Koch invited Hayek to serve as the institute’s “distinguished senior scholar” in preparation for its first conference on Austrian economics, to be held in June 1974.

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