There is a new Democrat proposal for a Reasonable Profits Board that would monitor profits made by oil & gas companies in order to apply a windfall profit tax of any profits the board deems are beyond reasonable. This proposal is part of their Gas Price Spike Act. The failure here is twofold. One, they simply focus on … Continue reading
James Madison warned that as our country grew in population, that those who were considered self-sufficient (or as we’ll discuss later, the makers) would be in the minority. The risk would be that the majority would seek redistribution of wealth through the political process. James Madison, In all civilized Countries the people fall into different … Continue reading
