POLITICAL: Socialism interferes in the private sector—via regulations, taxes, mandates, and bureaucratic controls

Monday, November 10, 2025

https://www.cato.org/blog/democratic-socialist-plans-will-only-make-nyc-worse

November 2, 2025 8:04AM
Democratic Socialist Plans Will Only Make NYC Worse
By Michael Chapman

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The Nature of Democratic Socialism

Libertarian economists have long explained that democratic socialism does not involve outright government seizure of the means of production. Rather, it manifests through layers of government interference in the private sector—via regulations, taxes, mandates, and bureaucratic controls. Each intervention distorts market processes, producing inefficiencies and crises that, in turn, invite yet more intervention. The cycle repeats, expanding state power and eroding prosperity.

A contemporary example can be seen in the Democrats’ push to extend Obamacare subsidies, which are set to expire at year’s end. These subsidies were meant to stabilize insurance markets, yet their expiration will drive premiums upward. The government created this instability by intervening in healthcare and now seeks to intervene again—at an estimated cost of $415 billion over ten years—to “fix” the problem it caused.

This incremental approach is socialism by installments: policy by policy, the private market is replaced with a government-run one. Mamdani’s proposals fit within this framework.

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Congress is a known cesspool for producing market distortions.  Creates more opportunities for “insider trading”.   How else do so many enter broke and leave grazilionairs?

How can “We, The Sheeple” stop this ever quickening slide into Socialism / Communism?  End “Federal Gooferment Benefit” programs.  If the States want welfare, let them pass and pay for it.  No more “sugar” coming from the Feds.

Also, eliminate all “non-profit” entities —  NGO’s, “Foundations”, and “Trusts”.  

End the cycle of “political contributions” that come from “winners” of lucrative Gooferment contracts.

Political contributions Should be limited to small amounts from “inside” the representative’s district.

Time to shrink all levels of Gooferment!

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MONEY: Why are “savings” taxed at all?

Wednesday, October 2, 2024

https://www.cato.org/blog/penalty-american-savers-how-usas-fix-it

September 26, 2024 9:44AM
The Penalty on American Savers and How USAs Fix It
By Adam N. Michel and Joshua Loucks

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For many young and low-income Americans, the limits discourage them from using the accounts at all. Americans who use these accounts and then have to access their money early for a family emergency or job loss face new layers of taxes. Many low-income workers are automatically enrolled in these programs by their employers, following government incentives or mandates.

Money deposited in qualified accounts cannot be used flexibly based on an individual’s or their family’s immediate needs. If someone cannot confidently commit to leaving their savings untouched until the government-designated time, it may be wiser for them to avoid using a qualified account altogether.

IRS data show that for the lowest-income taxpayers, penalties for improper use of retirement savings make up a significant portion of their tax liability. Using an average from tax years 2017–2019, Figure 1 shows that 43 percent of all taxes paid by taxpayers with adjusted gross income (AGI) below $5,000 went to penalties for accessing their own money. About 19 percent of income taxes paid by taxpayers with AGI less than $25,000 went to penalties on qualified accounts.

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Why not let Walmart offer “banking services”?  Why not allow Credit Unions offer tax free savings?  Why aren’t Treasuries (i.e., Bills, Notes, Bonds) tax free like Municipal Bonds?

It doesn’t take a degree in Economics to figure out that America has a “savings problem”.  “We, The Sheeple”, responding to incentives, is deeply in debt.  No taxes on debt; taxes galore on any kind of savings/

Argh!

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