Banned History: Colonial America Was Crowdfunded
Banned History: Colonial America Was Crowdfunded by Chris Campbell – LFB.org
For 126 years after the Constitution was ratified, save for a brief period during the Civil War, income taxes didn’t exist in the United States.
Even when the Constitution was amended to allow the federal government to collect income taxes, few actually paid them. But slowly over time, through what is known as the Totalitarian Tip-Toe, the income tax hit every American.
“The 16th Amendment,” Jeffrey Tucker wrote in a classicLaissez Faire Today article, “represented a fundamental change in the nature of the American regime. From that point forward, there was a shift in ownership over national wealth. It belonged first to the government, and then to you only as the administrative apparatus permits.”
The mystery of the roads, revealed
So… how in the world did things get done without citizens throwing obscene amounts of money at the government?
How, pray tell, did politicians not starve to death without gobs of play money to cut crony deals and siphon off their pounds of flesh?
Without taxes, how did our fine government institutions waste money on electronic shark repellent devices, accidentally hacking themselves and, of course, inadvertently hacking the world. (WannaCry, anyone?)
How in the world was a park built? How were schools constructed? My gosh, what about the roads?
One word, dear LFT patron. (Or, more accurately, two words smooshed together.)
When lottery made America
Lotteries — the earliest forms of crowdfunding — were responsible for the building of early America.
And there’s little more we would like to see than a resurgence of communities voting with their dollars on what projects to fund, subverting the current system which allows self-interested officials throw the money around willy-nilly.
That’s right. Make lottery great again.
Nobody is closer to the problems than those directly affected by them. Nothing is more snobbish and smug than the presumption by busybodies that those directly affected by problems, especially those stuck on the lower rungs of society, are incapable of coming up with their own solutions.