The Intolerable Federal Income Tax

Ron Paul, during the 2008 presidential election, campaigned against the IRS and federal income tax. To me, this was a novel suggestion and it sounded crazy. No IRS? No income tax? How would that be possible? After studying the income tax and what he and other libertarians had to say, I believe they are right: [...]

What Really Backs the US Dollar?

Since 1971, U.S. citizens have been able to utilize Federal Reserve Notes as the only form of money and for the first time had no currency with any gold or silver backing. This is where you get the saying that U.S. dollars are backed by the “full faith and credit” of the U.S. Government. In [...]