Saturday, March 27, 2021

Can of opened worns

Taxation with Representation
Though Democrats haven’t made any formal moves on the idea yet, statehood for the District of Columbia is very much on their wish list. Ostensibly, it would cure a constitutional anomaly that gives the residents of the District no voice in Congress other than a nonvoting delegate in the House. In a country born under the slogan, “No taxation without representation,” it’s more than a bit embarrassing that citizens of that country’s capital city are taxed without representation.

In the middle of tax wars the rallying cry is heard. But it is not just DC, it is all of us paying a Fed seigniorage tax, set by fiat.  The spending might justify the tax, but doing so without Congress  support is risky in America.

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