In this 1990 lecture, Leonard Peikoff offers an audience interested in business his perspective on whether free-market capitalism can survive. Peikoff identifies three pillars of capitalism—examining each one’s status in the present day. He also leads the audience through a quick sweep of American history, commenting on the decline in freedom over time.
Abolition of Income and Inheritance Taxes Under Capitalism (Part 5 of 10)
A possible way to start on the elimination of the income/inheritance tax right now would be to fight for the immediate adoption of a universal exemption of at least 51 percent of everyone’s income from federal, state, and local income taxation under all circumstances.
