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Discussion (2)
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Steve's thoughts on income tax and so-called sin taxes is something I thought about many years ago. I wondered why the reasoning for raising taxes on cigarettes, alcohol, soda, etc. (to reduce consumption of those products) wouldn't also apply to income. Wouldn't higher tax rates on income result in reduced income production?
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Finally getting around to listening. I actually went over to Powerline and clicked on the YouTube link and followed along this time, that only added to the value.
I wanted to comment on @Lucretia side on Federalist 33 where she mentions Madison stressed that it's up to the people to police/guard their government. Agreed that he imagined we would do this through direct elections of representatives (House), state pressures through their representatives (Senate), the selecting of a president, and I'm sure other methods as well...
...BUT, I think this highlights the nefarious and unaccountable nature of the Administrative State that will grow over time - it is not directly accountable as were the other branches, and like the Progressive politics mentioned earlier was not on Madison's radar at all. Really highlights the dangers of allowing the Federal government to grow in this way. I imagine he would say that was unconstitutional.
I assume this ability for the Federal government to engage in this bureaucratic action started its big leaps forward via the actions taken during and after the Civil War and then again in the Progressive era to this day? Maybe this is more of a Marini question.
Anyway love the university and really got me eager to engage with y'all on this Administrative State rabbit hole.
Thanks