How to collect revenue without destroying wealth

As President Biden unveils his robust progressive agenda — it is going to come with a hefty price tag. The President’s dream of moving closer to social democracy will require trillions of dollars in new tax revenue. However, Biden has a plan to somewhat pay for that ambitious transition — taxing the rich. He should at least do that part in the correct fashion. A free-market fashion.

Taxing the Rich in a Pro-Market Fashion

Taxing the wealthy higher than the middle class is appropriate — but how that taxation is conducted is the tricky part. Free marketeers should lead the way in how to really make the…

A laissez-faire gun market is not a free-market

Picture produced by Vox News

The House just passed HR 8 and HR 1446, both expanded gun measures that enhance background checks and close several loopholes. As a free-marketeer, I find these to be very free-market friendly pieces of legislation. However, how on earth would gun control ever be considered a pro-market position? Here’s how.

The gun industry is a prime, rare example of a laissez-faire market that’s present in America. Yes, the degree of gun market regulations vary from state to state. Yet, on a international scale, the United States has one of the most unregulated gun industries in the developed world.

A New Deal that brings about sweeping free-market reform

Margaret Thatcher carried out sweeping free-market reforms when she came to power.

The Heritage Foundation has just released its annual report on the status of economic freedom amongst countries around the globe. The index results demonstrate year after year that people living in countries with higher levels of economic freedom enjoy higher levels of per capita income, better health care and education, and cleaner environments than those living where economic freedom is significantly constrained.

America needs big, structural, free-market reforms

The signs are not strong for the United States, with it’s free-market standing falling to 20th place from 17th place just a year ago. Two years ago, America sat at a score of 76.8, with this new report…

The United States loses $90 billion a year to tax evasion.

Conservative scholars are correct: America’s debt is unsustainable and detrimental to our nation’s fiscal position and free economy. I also agree that ambitious spending cuts should be a part of the solution. However, more often than not, conservatives get scrambled up on the spending side of the argument when there is another side of equation: taxation.

America not only has a spending problem, it has tax collection problem.

Taxation is probably just as much of an issue for our nation’s fiscal condition because it has enabled the structural deficit to enlarge into today’s current form. Part of that enabling has…

Capitalism creates wealth. Free-markets distribute wealth.

PragerU — What is Crony Capitalism?

Drawing the Line

Very often, you hear economists and politicians use the terms “free market” and “capitalism” interchangeably. However, the usage of these terms in an interchangeable fashion can sometimes throw a lot of people off.

What if I told you that free markets and capitalism are actually more different than you think? Now yes, I do agree, both are inherently similar and involved in the private economy. Although, even as we understand this connection, we need to understand the difference. This difference is what makes the debate entirely different.

What makes capitalism and free markets so similar is that both are economic…

Daniel Villalobos

I promote free market policy that will build a more free, enterprising nation. (he/him) #freemarketeer

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