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Libertarian Round Table w/ Dave Smith, Larry Sharpe, Jessica Vaugn, Spike Cohen | Ep. 156

PBD Podcast

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Libertarian Views on Taxes and Debt

This chapter delves into the Libertarian stance against the current tax system, advocating for the repeal of all taxes and critiquing the IRS as an overreach of government power. It discusses the national debt, specifically addressing obligations to foreign nations and the implications of defaulting, while pointing out the misallocation of funds resulting from government borrowing. The chapter also explores potential reforms, including a flat tax and the need for a more tangible tax payment process to enhance citizen engagement and satisfaction.

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