by Chris Banescu –
Nothing in life worth having comes easy. There are no shortcuts to success, in any worthy endeavor. [Read more…]
Economic Freedom
Discipline is More Important Than Motivation
by Chris Banescu –
Discipline is much more important than motivation to help us stay healthy, do good work, and pursue meaningful life goals. “Discipline is the driver of daily execution. Discipline defeats the infinite excuses that [Read more…]
Corporations Condition People to Submit to Tyranny – Chris Banescu EpochTV Interview
I was recently interviewed by Siyamak Khorrami, host of the California Insider show that’s broadcast on EpochTV. We discussed the outrageous manner in which executives abuse employees, disregard free-market capitalistic principles, destroy lives and economic value, and condition people to submit to tyranny.
The California Insider program showcases leaders and professionals across California with inside information about trending topics and critical issues. [Read more…]
Pursue Your Freedom and Happiness – My New Book is Published!
My new book has been published. It pays tribute to freedom, truth, and the dignity of the human soul. It’s my way of thanking America for saving me and my family, and giving me the opportunity to thrive. I wrote it to help others seek genuine freedom and find joy. Available on Amazon now: Pursue Your Freedom and Happiness.
[Read more…]
The Government’s War on the Little Guy
by John Stossel –
Marty the Magician performed magic tricks for kids, including the traditional rabbit-out-of-a-hat. Then one day: “I was signing autographs and taking pictures with children and their parents,” he told me. “Suddenly, a badge was thrown into the mix, and an inspector said, ‘Let me see your license.'”
In “Harry Potter” books, a creepy Ministry of Magic controls young wizards. Now in the USA, government regulates stage magicians—one of the countless ways it makes life harder for the little guy.
Marty’s torment didn’t end with a demand for his license. “She said, from now on, you cannot use your rabbit until you fill out paperwork, pay the $40 license fee. We’ll have to inspect your home.”
Ten times since, regulators showed up unannounced at Marty’s house. At one point, an inspector he hadn’t seen before appeared. He hoped things had changed for the better. [Read more…]
Top State Income Tax Rates for All 50 States
by Chris Banescu –
The Tax Foundation has released a comprehensive graphic that summarizes the top state income tax rates for all 50 states. It provides a very clear picture of the tax situation across the United States. The chart is reproduced below.
California (13.3%), Hawaii (11%), and Oregon (9.9%) have the highest marginal tax rates in America. Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming, on the other hand, are the only seven states with no income tax.
The Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. [Read more…]
Cronyism Undermines the Beneficial Role of Business in Society
by Sam Patterson –
The role that business plays in society is straightforward – businesses produce goods and services that people consider beneficial. If a business can do that while wisely using resources, it makes a profit. Successful businesses benefit society by producing goods or services which improve people’s lives, and are then rewarded with profit. Those profits enable businesses to innovate or offer more goods and services, further improving people’s lives. Businesses must cater to the needs of society or they will find that they are not rewarded with profit and may well no longer exist.
At least, that’s how it works in a free market. There is another path for businesses to make profit other than providing valuable products. It’s called cronyism. Cronyism occurs when a business colludes with government officials to create unfair legislation and/or regulations which give them benefits they could not have otherwise obtained voluntarily. [Read more…]