Surprise: Taxpaying Fools Get Fooled Again by Obamacare
January 12, 2015
Millions of Americans stupidly believe that their income tax refund is a gift from the government and not a return (without interest) of stolen goods. Many of these same people are now throwing fits upon learning that if they were required by the state to sign up for Obamacare and did not, then a federal tax is being levied upon this year’s refund. Tax accountants are celebrating the fact that Obamacare will make this “the most complicated tax filing year in decades.”
Dr. Thomas DiLorenzo [send him mail] is president of the Mises Institute. He is a former professor of economics at Loyola University Maryland and a longtime member of the senior faculty of the Mises Institute. He is the author or co-author of eighteen books including The Real Lincoln; How Capitalism Saved America; Lincoln Unmasked; Hamilton's Curse; Organized Crime: The Unvarnished Truth About Government; The Problem with Socialism; and The Politically-Incorrect Guide to Economics.
End All Papal Trips (And Presidential Ones, Too)