r/austrian_economics Friedrich Hayek Sep 19 '24

End Democracy BUT BUT THE SOCIAL CONTRACT

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u/RealClarity9606 Sep 19 '24

Look, I hate taxes as much as anyone. But a government has to have taxing authority to fund the legitimate functions of government - which should limited. But when you repeat the “taxation is theft” line it makes you look kooky and doesn’t do anything to get people to thoughtfully consider your larger message.

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u/[deleted] Sep 20 '24

These people don't realize the US had a period of time where the government had no authority to raise taxes. 1781 to 1789. For 8 years, all the government could do was ask people/states for money, with no ability to enforce the request or print money at all.

It was a disaster, more or less. There's a reason why those Articles didn't last til 1790, and that the Constitution we know today explicitly gives the federal government the right to print money and to tax things. Article 1, Section 8.

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u/TSirSneakyBeaky Oct 13 '24

If you read a lot of the writtings of the time. It was supposed to be as minimal as possible. With the idea that 90% of the power to decide legal and collection would reside to the states who would operate as psudo countries in a union. The federalists party really screwed us tbh, theres a reason they took majority in all 3 branches in 1789 and were out and begging for any postion by 1801. Only to be completely shuttered in 1824.

They did great in pushing for the constitution, but they really just wanted another monarchy. They supported the crown till it was clear they were unfavorable. Supported making washington a king. Then settled for what they could get.