How to Show That Taxation is Robbery

The following article is not a general proof of the Objectivist principle that the initiation of physical force is destructive to human life; but it will show that taxation is equivalent to robbery and, when carried out for wealth redistribution, is actually more harmful to more people than the robberies committed by criminals in First-World countries. (A general proof of the destructiveness of initiated force does exist, and I may go through it at some point in the future.)

The Hypothetical Showing the Connection

If I have earned, say, $1,000 this week through my own labor, and another man comes up to me, points a gun at me, and tells me to give him the money, so he can pay his rent, is this robbery? Is it legal for him to do it? What if he tells me it’s for his friend’s rent? Is that robbery/legal? What if he gets 9 of his friends and they all tell me I need to give him my money? Is that robbery/legal? What if the 10 men write up a document that says I have to give him my money, and they include me in a vote to affirm or reject the “law” that says I should give him my money? They all vote “yes” on the “law” and I vote ”no.” “Now,” they tell me, “we as a society of 11 have drafted a law that says that you have an obligation to give us the money. We have taken a vote and you have been outvoted. As a part of our society, you now owe us this money. If you don’t give it to us, we will imprison you at gunpoint. If you don’t like what we are doing, you can leave our territory.” Is THIS robbery? Yes, the same forcible imposition of the wills of others upon me has been made. Is it legal? Yes, actually; it is now “legal,” because a law has been voted on and passed. It is legal robbery. So, the question is: How many people does it take before this practice ceases to be robbery? A hundred? A thousand? Ten million?
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Rachel Maddow Fails “Ayn Rand 101”

At the link below, Don Watkins of the blog, Laissez-Faire, describes Rachel Maddow’s misrepresentation of Ayn Rand’s philosophy. Anyone who actually reads Atlas Shrugged should be able to tell that Maddow’s statement is a misrepresentation. Yet this seems to be a rather common falsehood passed around by Rand’s detractors.

Rachel Maddow Fails “Ayn Rand 101

Here is a YouTube video of her misrepresentation: Maddow Misrepresents Rand @ 8:30

What Caused the Financial Crisis: It Wasn’t Capitalism or Deregulation

Below are links to Yaron Brook’s explanation of how the US housing bubble and financial crisis happened. Yaron Brook has an MBA, a Ph.D. in Finance, and was a professor of finance at a university.

Here is a short video on what caused the crisis:

Here is an audio course that goes through the details of what happened and why:

The Financial Crisis: What Happened and Why

Ayn Rand’s essay: What is Capitalism? (YouTube audio)

Capitalism at The Ayn Rand Lexicon.

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Related Posts:

Wealth is Created by Action Based on Rational Thought

Why Healthcare in the US is So Expensive, and What Can Be Done About It

Wealth is Not Money — Monetary Wages vs. Real Wages

How Business Executives and Investors Create Wealth and Earn Large Incomes

The REAL Fiscal Cliff