A Texas-built drone boat just made history, executing the first sea drone rescue in combat.
This is what happens when you let businesses innovate and give them freedom to build.
Texas companies are leading the world and strengthening our nation. Texans take care of America.
https://t.co/mmgGZT4dBV
Milton Friedman's greatest regret.
The federal government discovered the perfect crime in 1943: make employers collect taxes before workers ever see their paychecks. You think you earn $60,000 per year, but you actually earn $75,000 and hand over $15,000 to politicians without ever touching it. The psychological difference is enormous.
Before payroll withholding, Americans wrote quarterly checks directly to the Treasury. Picture yourself sitting at your kitchen table, writing a $3,750 check to the IRS every three months. The pain was immediate and visceral. Politicians faced constant pressure to justify every dollar because citizens felt the extraction in real time.
Withholding transforms this concrete loss into an abstract accounting entry. Your employer becomes an unpaid tax collector, and you never experience the actual cost of government. Worse, most people celebrate their tax refunds as government generosity rather than recognizing them as interest-free loans they provided to politicians. The Treasury collects your money throughout the year, spends it immediately, then returns your own cash and receives gratitude.
This system enables the explosion in government spending you witness today. Defense contractors billing $640 for toilet seats, agricultural subsidies for corn syrup, and congressional salaries for 535 people who rarely show up to work. When taxation feels painless, voters stop demanding accountability for how their money gets spent.
Milton Friedman helped design withholding as a wartime emergency measure and later called it his greatest regret. Free market economists recognized that the psychological pain of direct taxation creates political pressure for fiscal restraint. The temporary always becomes permanent in government hands, and the emergency justification disappears while the extraction mechanism remains forever.
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Happy Rhode Island Independence Day! On May 4, 1776, RI became the first state to renounce its allegiance to King George III.
“Whereas King George III, instead of protecting, is endeavoring to destroy [us] … to compel us to submit to the most debasing and detestable tyranny…”
@MarriottBonvoy When I book a hotel with air conditioning, I expect to have AC while I’m sleeping... Shutting my AC off due to lack of movement every few minutes is really not helping me get ready for all my meetings tomorrow. Why can’t you just let your patrons sleep in peace?
From the most comprehensive AZ ESA spending study to date: 99% of ESA spending is proper educational purposes.
Partisan activists desperate for clicks have misleading headlines…the 100,000 AZ families using ESAs have the facts on their side. https://t.co/chP1pJQuBD