Okay, the first leg of the fight on the constitutionality of Obamacare got under way yesterday and set a great tone for those looking to retain rights for individuals and preserve the balance of power in Washington. Today is the big day; however, the individual mandate gets two hours of argument. The notion is the federal government can make you buy a product you may not want or make you pay a penalty. I interviewed Grace Marie Turner, president of the Galen Institute on Payne Nation and she said the law would cost the average family $20,000 a year, every year, for life. The financial impact is enormous but potential loss of liberty is even more critical.
So, conventional wisdom says the court will decide if penalties in Obamacare are not taxes, but of course, they are taxing and part of a long trail of government overreach that looked to citizens to foot the bill for reckless and gutless spending binges. Here are some of the taxes that England tried throughout the years in efforts to pay for the royal family, colonize the world, or simply fill coffers depleted by lavish outlays.
History of Obamacare-like Taxes
Not only a great oppression to the poorer sort, but a badge of slavery upon the whole people, exposing every man's house to be entered into, and searched at pleasure, by persons unknown to him.
William and Mary on repealing Hearth Tax, but it sounds like the intrusive nation of the new healthcare law and other initiatives by the administration.
Someone came up with the idea that you could have a progressive tax by checking out how many hearths (chimneys) were inside and so a tax was established that exponentially raised taxes based on the number in a single home. As you could imagine, this tax was not popular. Nobody liked the idea of government coming inside their homes and businesses. Sort of like people not liking the idea of the government coming between patients and doctors or a panel deciding on the end of late healthcare. The tax was collected twice a year, half on Michaelmas (September 29) and the other half on Lady Day (March 25), which made it easy to evade.
People bricked up their fireplaces long before inspectors arrived. Moreover, the collectors stole much more money than was actually due. There were exemptions made for those on poor relief and churches and charitable institutions, but it didn't stop the outrage. The tax was repealed in 1689 by William and Mary who acknowledged it as a "badge of slavery."
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance: William's Edge Webinar for November 21st, 2014 | John Ransom
NEW TIME Today, at 9:30 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for November 17th, 2014 | John Ransom