Hoggin’ the Pillows

Remember David Hogg, the self-righteous little twerp who lectured us all about gun control for a year?  Apparently, he’s starting a pillow company solely to compete with Mike Lindell, the pro-Trump founder of MyPillow.

Leave it to a radical progressive like Hogg to enter a field in which he has no background or expertise just to spite a conservative.

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Hustlin’ Towards Financial Independence

It’s another Bandcamp Friday, which means if you buy my music today, Bandcamp doesn’t take their cut; ergo, yours portly pockets a few more dimes.

Those dimes add up. Regular readers know that I’m a major advocate of sensible financial planning and reducing unnecessary spending (at one point, I would have been an “extreme budgeter,” but now some hedonic adaptation has kicked in and I’m enjoying the fruits of my labor a bit more).  I also promote hustlingworking hard and spinning different side gigs—to generate extra income.

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Overblown

I now receive ad revenue here at The Portly Politico, so if you’re using an ad blocker, please consider disabling it on this site.  Of course, you can always subscribe to my SubscribeStar Page, which is the best and easiest way to support the site and get access to exclusive weekly content.  Thanks again for your support!  —TPP

As I’ve long suspected, The Virus is not nearly as lethal as the doomsayers predicted and insisted.  It turns out that only 6% of reported COVID-related deaths were purely related to The Virus; the other 94% of victims had other underlying medical issues.

Let me be clear:  I do think The Virus is real and is potentially life-threatening, especially for the elderly and the chronically ill.  Indeed, the CDC findings indicate that is, indeed, the case.  Even when not life-threatening, it’s surely unpleasant—just like a particularly bad case of the flu is unpleasant.

But just as we’ve done in the past with bad flu seasons, we should begin returning to some degree of normality.  Indeed, Sweden’s approach to The Virus has been practical and effective:  protect the elderly and other vulnerable populations while encouraging as much normality as possible for the rest of society.  Let younger people work, play, and mingle, and develop that coveted herd immunity.

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Trump’s Pages of Accomplishments

Looking at national polls and predictions, it’s easy to get discouraged about President Trump’s reelection prospects.  Even with Joe Biden losing his mind, and the pick of a radical, authoritarian Kamala Harris as his running mate, “Sleepy Joe” is managing to stay up by hunkering down.

On our side there’s grumbling that Trump hasn’t done enough—on immigration, on law and order—and those aren’t entirely warrantless grumbles.  Republicans squandered—perhaps intentionally—an opportunity to fund the construction of the border wall while they controlled both chambers of Congress.  John McCain pompously and vindictively voted to keep the odious Affordable Care Act in place, a clear parting shot at Trump.  Trump did not seem to offer a robust response to the CHAZ/CHOP fiasco, but is now belatedly defending federal property in Portland, Oregon.

Those critiques aside, it’s worth remembering what Trump has accomplished—and he wants you to be reminded.  That’s why he gave Breitbart a six-page document of his achievements.  They are substantial—and make him one of the greatest presidents of the last fifty years.

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You Can’t Cuck the Tuck III: Liberty in The Age of The Virus

The Washington Post blares under its masthead that “Democracy Dies in Darkness.”  That alliterative tag line for The Bezos Post is intended as a not-so-subtle jab at Donald Trump, as “democracy” for The Post and the rest of the Mainstream Media means “letting overcredentialed grad students and aloof experts run everything while ignoring the proles.”  Apparently, a businessman who has slashed federal taxes and regulations and devolved power back to the States is a would-be authoritarian.

For all its dire virtue-signalling and hand-wringing, though, The Post and its ilk are wrong:  just like the unsuspecting coeds in Midsommar, liberty dies in broad daylight.

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Counting Blessings

After writing yesterday’s blog post about our diminished prosperity, I was quite upset.  I am an emotional sort, given my brooding artistic temperament, and I should know by now that complaining about money and the state of the world will only work me up—or, perhaps, down—into a blue funk (or, occasionally, a purple rage).

So today’s post is meant to be a yellow counterpoint.  It’s easy for me to fixate on negatives.  That’s pretty much the nature of blogging and commentating about politics and culture.  And while I am optimistic for the future, I am a declinist:  I can’t help but notice that much of culture is, at best, a stagnant swamp (hiding away the occasional orchid); at worst, it’s swamp draining into a desert.

But enough that.  Today’s post is about counting blessings.

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Cass on Our Diminished Income

Way back in The Before Times, in the Long, Long Ago, before The Age of The Virus, Oren Cass presented a series of sixteen tweets, asking this question:  “How is that our economic statistics suggest workers have been making slow but steady progress in recent decades, while popular perception is that their family finances are coming under increasingly untenable pressure?”

Cass also wrote about the issue in greater detail in American Affairs and in a lengthy paper for the Manhattan Institute.  That question—why does it feel like it’s harder to make ends meet now, even though inflation is low and we’re wealthier?—is one of the gnawing concerns of modern-day America.

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TBT: End the Income Tax

Last week I went through the annual ritual of paying my income taxes.  For the second year in a row, it’s been a painful experience.  I’m finally at the point in my life where I end up owing money to the federal government, which has only made me more conservative, if that was possible.

Part of the problem is that I slam so much money into my retirement (the legal annual maximum each year into my HSA, my 403(b), and my traditional IRA) that even with increases to my federal withholding, I still fall short.  It’s because a good chunk of my income in 2019 came from private music lessons, gig guarantees, tips, and merch sales at gigs.  I brought in around $9099 from those combined (with the lion’s share of that revenue coming from private music lessons).  My brother tells me I’m probably going to have to start filing quarterly, although The Virus has pretty much killed that side business for the time being.

My taxes took hours to complete, too, as I painstakingly recreated all the mileage I drove for lessons and gigs (now chastened, I am going to maintain a mileage log in my vehicle).  Combined, I drove around 6011.4 miles last year just for lessons and gigs.  WHOA!

Of course, the IRS is now privy to all of that information.  I keep a very detailed budget, and carefully track every transaction, cash or otherwise.  And, naturally, no good deed goes unpunished.

Wouldn’t a national sales tax be easier, and less invasive?  Or maybe a restoration of the old-school tariff regimes of the nineteenth century?  Sure, the congressional battles over tariffs nearly brought South Carolina’s secession in 1832-33, but I’d rather importers pay more (yes, yes—I know the costs will passed on to me, the consumer) than have to divulge my every move to the feds.  Plus, I’d gladly pay another couple of hundred bucks for my washing machine if it means an American worker gets a job and can have some pride in working.

Anyway, the tax man has gotten his share, and I’ve received a decent refund from the great State of South Carolina, so that eases the pain.  Of course, I’m still patiently awaiting my inflationary TrumpBux.  I suppose beggars can’t be choosy about their government’s preferred form of institutional shakedown.

With that, here is 15 April 2019’s “End the Income Tax“:

Today is tax day.  Despite President Trump’s signature tax reform, I ended up owing money to the feds for the first time in my adult life (although I’ll be getting a bit back from the State of South Carolina).

The income tax used to be unconstitutional in our Republic.  Indeed, the primary way that federal government gained revenue was from tariffs on imported goods and excise taxes on certain products, like whiskey.  Alexander Hamilton advocated for high protective tariffs to protect young domestic industries from British manufacturers, who were “dumping” cheap British goods into the infant nation (a practice China has taken up today).  Only during times of war, such as the American Civil War, did Americans have to endure a tax on incomes.

Like most odious, liberty-killing measures, the income tax was a Progressive Era project, ratified in the 16th Amendment (followed shortly thereafter by the 17th Amendment, which made US Senators directed elected, and the 18th Amendment, which prohibited the manufacture, sale, and distribution of alcohol).  Progressive reformers assured Americans that only a very small proportion of Americans would ever pay the income tax, which was graduated from the beginning.

That claim was true… for the first year.  Immediately, Congress began ratcheting up tax rates and requiring more Americans to pay it.  Governments are hard-pressed not to exploit a newfangled method of raising revenue.

The income tax is not all bad:  it’s a more stable source of revenue that tariffs, which depend upon foreign imports.  No imports, no taxation.  Advocates for the graduated income tax, like Tennessee Congressman and future Secretary of State Cordell Hull, argued that, in the event of a major war in Europe (which broke out a year after the 16th Amendment was ratified), international trade would fall, bringing collected duties down with it.  That was a prescient observation, and a strong argument in favor of some kind of domestic tax.

That said, the income tax is incredibly invasive.  Every year, I lament that the federal government has to collect so much information about me:  where I worked during the fiscal year, how I saved my money, etc.

According to Scott Rasmussen, 52% of Americans favor repealing the 16th Amendment.  Count me among them.  The income tax gives the government far too much influence over our lives, and the federal tax code is so byzantine and full of carve-outs and exemptions, it’s become the purview of the well-connected.  It’s become a corporatist monstrosity.

What would replace the income tax?  Given that it’s likely never to be repealed—governments don’t typically diminish their power (or access to other people’s money)—the question is largely academic.  Still, it’s worth considering.

While I think tariffs can serve a useful purpose (see also: bringing China to heel), and that there’s an argument for some mild protectionism, high protective tariffs like Republicans championed after the Civil War would be ruinous to trade.  The deadweight loss (destroyed economic activity) associated with tariffs—especially from the inevitable retaliatory tariffs other nations would pass in response—would do more harm than good, and could result in a Smoot-Hawley Tariff of 1930 situation (i.e., the Great Depression).

The only realistic alternative that I see currently (from my admittedly myopic position) is a national sales tax.  There are some serious drawbacks to this approach, to be sure, but it would be the cleanest, most efficient way to generate revenue.

A national sales tax would encourage saving and work, both of which are currently disincentivized under our current tax regime.  Instead, purchases would be disincentivized, which would hurt sales, but encourage people to hold onto more of their money.  Further, it would not require the government to keep elaborate tabs on every worker; the Internal Revenue Service could be greatly reduced, or even eliminated.

Of course, any tax is a necessary evil, and a national sales tax would make it more difficult for high sales tax States to raise revenue (as it would limit those States’ ability to increase their taxes if necessary).  It would also slow purchasing, and necessarily raise prices (by definition, especially if you’re tacking 15-25% on top of a good).  There’s also the question of whether a sales tax should just apply to consumer goods, or if it should be an uber-expensive value-added tax, with each economic transaction along the chain of production getting taxed.

Those are sticky questions for wonkier types than I to sort out.  But wouldn’t it be nice to build an economy on the production of real value—of stuff—rather than one built on ever-expanding sales, purchasing on credit, and debt financing?

Regardless, the federal income tax is a major imposition, an invasive intruder that enters our lives every April, borrowing from us (without interest!) throughout the year, and intimidating us with the looming threat of disruptive audits.  It seems everyone would be happier—even, in a way, the feds!—if it were eliminated.

TBT: The Human Toll of Globalization

One of the more interesting developments in conservatism since Trump’s rise in 2015-2016 has been a reevaluation of our basic economic policy.  Much of the ideas debated originated, in our modern political era, with Pat Buchanan.  For decades, the assumption among conservatism was that economic efficiency was the highest good, as it lowered costs and eliminated or reduced government overreach.

That was a reasonable set of assumptions when our nation shared a common culture, and when the United States dominated global markets hegemonically.  But the goal of reducing the size of government morphed pathologically into the mad worship of Efficiency above all else.  We sold out social capital—stable families, cohesive communities, robust civil society—for quick cash.

That’s the gist of Z-Man’s post today, “Middle-Man Conservatism.”  Tucker Carlson has similarly touched upon the woeful consequences of worshiping Efficiency-for-its-own-sake.  Sure, Americans possess a pioneering spirit—we’ll move to the oil fields in North Dakota if we have to do so—but we’re still motivated by the same things other humans are:  family, community, belonging.  Gutting our communities to save fifty bucks on a washing machine is a ludicrous trade-off.

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