Apparently Donald Trump, Treasury Sec. Mnuchin and others want to send all adult Americans $1,000 to make things easier during this government/media-incited COVID-19 panic and financial crisis. They also want to put together a $1trillion+ “stimulus” package, with “shovel-ready jobs,” I’m sure, and other hand-outs to crony businesses, etc. Like Andrew Yang during the campaign, they are trying to bribe the voters to vote for them, quite frankly.
I have an even better idea. And I heard that someone else has suggested something like this. Given that Michael Bloomberg squandered $500 million of his own money on his presidential campaign, and that he has supposedly $50 or 60 billion, why doesn’t Mike Bloomberg send each American a $1 million check? That’s a little over $300 million, just a little part of his $50 or 60 billion. I know that would help me out quite a bit, as it will everyone, obviously. And it would be coming from someone in the private sector, voluntarily, not from “government,” i.e. taxpayers, involuntarily.
But as far as Trump, Mnuchin et al. are concerned, and their sending people $1,000, a better idea and more economically and morally sound idea is that they STOP STEALING from the people! Ya think?! Repeal the income tax and close down the IRS, end the capital gains tax, because that’s also stealing. And then maybe state governments can follow, including their sales taxes that are also examples of stealing. Ending government theft of private wealth and income would enable Americans to afford many things in life that they can’t now afford because government steals from them and makes them have less income and less in the bank to spend, save or invest.
And yes, taxation is theft, as Murray Rothbard pointed out, because it is based on involuntary transactions, just like a robber pointing a gun at you and ordering you to give him your money.