Repeal the income tax and provide quality education

By Professor Murray Sabrin

In a recent Star Ledger column conservative pundit Paul Mulshine argues that Gov. Phil Murphy’s proposal to increase the income tax to 10.75% for individuals making more than $1 million a year so he can hike property tax rebates is terribly flawed.  Right on. 

The property tax rebate would only available to a senior homeowner or a disabled citizen making no more than $75,000 annually.  In New Jersey that would exclude a substantial number of homeowners, even those who make $75,001. 

New Jersey's income tax, which was enacted at the end of Gov. Brendan Byrne’s first term in 1976, although politically unpopular, set the stage for the governor to send out property tax rebates in 1977 just before his reelection.  In short, the governor deftly used homeowners’ own money to bribe them to win a second term. This is a classic example of democracy in action – – fooling people that they're getting something from the state, when in fact what the state was doing was taking money from the people’s one pocket and putting it in their other pocket.

The current debate over hiking income taxes on millionaire earners and increasing property tax rebates underscores the fundamental issue that both political parties are unwilling to address, namely how education should be funded and who should pay for it.

Although the state Supreme Court effectively imposed the income tax on the people of New Jersey, because the New Jersey Constitution calls for the state to provide a "thorough and efficient education" to all students especially in urban school districts, with the promise of property tax relief, the more than four decade experiment in the income tax has been a colossal failure. 

The first question that needs to be tackled is who is responsible for a child's education?  In a free society that means parents using all the skills and tools and resources at their disposal would educate children up to a certain point, when schooling would become more appropriate. 

The current model of public—compulsory--education is nearly 200 years old.  At one time public schools did a relatively outstanding job of teaching youngsters the 3Rs so they could become productive and financially independent individuals.  Under the auspices of so-called educational experts, social justice cultural warriors and massive political interference, especially from the federal government, public schools have become “politically correct” institutions for the past several decades.  In addition, the cost of public education in New Jersey has skyrocketed well above the rate of inflation since the income tax was enacted more than four decades ago.

The results in New Jersey urban school districts, where the cost of education rivals that of elite private schools, have been abysmal. Unfortunately, the clamor for more taxpayer dollars to prop up the expensive and relatively ineffective urban school systems needs to be questioned.

The lessons of the past four decades regarding funding New Jersey public schools should be obvious to any objective observer. First, the income tax should be repealed.  Two, teachers and parents should create nonprofit educational organizations in their communities to provide high-quality education to youngsters from K-12.  In addition, school property taxes should be repealed as well. There is absolutely no compelling reason for taxes to fund education.  Funding would come from fees, tuition, grants and other voluntary means.

The assertion that education is a "collective" responsibility is a bogus proposition. If this assertion is true, then the state should not stop at education but provide healthcare, housing, transportation, supermarkets, entertainment, and all other goods and services that people want.  In other words, is socialism the answer as Bernie Sanders and Rep. Ocasio-Cortez assert? 

Socialism is not the answer whether in education, housing, transportation, medical care and the dozens of other programs that all levels of government currently fund.  In a free market both the nonprofit and profit sectors would provide all the goods and services the public wants. That has been the history of America for more than 200 years.  But government has co-opted the free market for decades. 

Gimmicks like property tax rebates to soothe the pain of income taxes are counterproductive. The state income tax has become a political football and avoids the most important question in our society: what is the role of government in a free society?

With another financial crisis on the horizon as the current "everything bubble" will burst in the not-too-distant future, it is imperative that we look at the big picture, how can we create a free and prosperous society with an educated young generation without an income tax?  This is the debate that should be front and center in Trenton.   

Murray Sabrin is professor of finance at Ramapo College and author of the forthcoming, Why the Federal Reserve Sucks: It Causes Inflation, Recessions, Bubbles and Enriches the One Percent.  Sabrin was recently interviewed about his new book, http://www.sanfranciscoreviewofbooks.com/2019/05/cottogottfried-does-federal-reserve.html#more

Sabrin for Senate to start ad campaign next week

We've noticed a lot of movement in  the camp of Libertarian U.S. Senate candidate Dr. Murray Sabrin.  The candidate, a professor of finance in the Anisfield School of Business at Ramapo College, indicated yesterday that the campaign's first radio ads should be airing next week. 

The Sabrin campaign is running on a platform that features the following: "100% tax credit for donations to houses of worship and nonprofits; end trickle down welfarism; abolish corporate welfare; end undeclared wars; stop the Fed's manipulation of interest rates; stop domestic spying."

Professor Sabrin recently wrote:  "I have been meeting voters throughout the state collecting signature with volunteers.  The issue that is resonating with voters across the political spectrum, 100% tax credit for donations to nonprofits and houses of worship." 

Dr. Sabrin offered this brief history lesson on the subject, by Dr. Walter E. Williams, the John M. Olin distinguished professor of economics at George Mason University, and a nationally syndicated columnist:

"Before the massive growth of our welfare state, private charity was the sole option for an individual or family facing insurmountable financial difficulties or other challenges. How do we know that?  There is no history of Americans dying on the streets because they could not find food or basic medical assistance. Respecting the biblical commandment to honor thy father and mother, children took care of their elderly or infirm parents. Family members and the local church also helped those who had fallen on hard times."

Continue reading:

https://www.lewrockwell.com/2018/05/walter-e-williams/before-and-after-welfare-handouts/

The Sabrin campaign recently released this video...

https://www.facebook.com/Sabrin4Senate/videos/vb.244280012410056/1009846632520053/?type=2&theater

Murray Sabrin, Ph.D.

Libertarian Party US Senate nominee

www.SabrinforSenate.com 

Silverglate: How Robert Mueller Tried To Entrap Me

Here is a "must-read" recommendation from Professor Murray Sabrin of Ramapo College (Reprinted courtesy of WGBH/News’ “Freedom Watch”).

October 17, 2017

HARVEY SILVERGLATE

Is special counsel Robert S. Mueller III, appointed in mid-May to lead the investigation into suspected ties between Donald Trump’s campaign and various shady (aren’t they all?) Russian officials, the choirboy that he’s being touted to be, or is he more akin to a modern-day Tomas de Torquemada, the Castilian Dominican friar who was the first Grand Inquisitor in the 15th Century Spanish Inquisition?

Given the rampant media partisanship since the election, one would think that Mueller’s appointment would lend credibility to the hunt for violations of law by candidate, now President Trump and his minions.

But I have known Mueller during key moments of his career as a federal prosecutor. My experience has taught me to approach whatever he does in the Trump investigation with a requisite degree of skepticism or, at the very least, extreme caution.

When Mueller was the acting United States Attorney in Boston, I was defense counsel in a federal criminal case in which a rather odd fellow contacted me to tell me that he had information that could assist my client. He asked to see me, and I agreed to meet. He walked into my office wearing a striking, flowing white gauze-like shirt and sat down across from me at the conference table. He was prepared, he said, to give me an affidavit to the effect that certain real estate owned by my client was purchased with lawful currency rather than, as Mueller’s office was claiming, the proceeds of illegal drug activities.

My secretary typed up the affidavit that the witness was going to sign. Just as he picked up the pen, he looked at me and said something like: “You know, all of this is actually false, but your client is an old friend of mine and I want to help him.” As I threw the putative witness out of my office, I noticed, under the flowing white shirt, a lump on his back – he was obviously wired and recording every word between us.

Years later I ran into Mueller, and I told him of my disappointment in being the target of a sting where there was no reason to think that I would knowingly present perjured evidence to a court. Mueller, half-apologetically, told me that he never really thought that I would suborn perjury, but that he had a duty to pursue the lead given to him. (That “lead,” of course, was provided by a fellow that we lawyers, among ourselves, would indelicately refer to as a “scumbag.”)

This experience made me realize that Mueller was capable of believing, at least preliminarily, any tale of criminal wrongdoing and acting upon it, despite the palpable bad character and obviously questionable motivations of his informants and witnesses. (The lesson was particularly vivid because Mueller and I overlapped at Princeton, he in the Class of 1966 and me graduating in 1964.)

Years later, my wariness toward Mueller was bolstered in an even more revelatory way. When he led the criminal division of the U.S. Department of Justice, I arranged in December 1990 to meet with him in Washington. I was then lead defense counsel for Dr. Jeffrey R. MacDonald, who had been convicted in federal court in North Carolina in 1979 of murdering his wife and two young children while stationed at Fort Bragg. Years after the trial, MacDonald (also at Princeton when Mueller and I were there) hired me and my colleagues to represent him and obtain a new trial based on shocking newly discovered evidence that demonstrated MacDonald had been framed in part by the connivance of military investigators and FBI agents. Over the years, MacDonald and his various lawyers and investigators had collected a large trove of such evidence.

The day of the meeting, I walked into the DOJ conference room, where around the table sat a phalanx of FBI agents. My three colleagues joined me. Mueller walked into the room, went to the head of the table, and opened the meeting with this admonition, reconstructed from my vivid and chilling memory:

“Gentlemen: Criticism of the Bureau is a non-starter.” (Another lawyer attendee of the meeting remembered Mueller’s words slightly differently: “Prosecutorial misconduct is a non-starter.” Either version makes clear Mueller’s intent – he did not want to hear evidence that either the prosecutors or the FBI agents on the case misbehaved and framed an innocent man.)

Special counsel Mueller’s background indicates zealousness that we might expect in the Grand Inquisitor, not the choirboy.

Why Special Prosecutors Are A Bad Idea

The history of special counsels (called at different times either “independent counsel” or “special prosecutor”) is checkered and troubled, resulting in considerable Supreme Court litigation around the concept of a prosecutor acting outside of the normal DOJ chain of command.

The Supreme Court in 1988 approved, with a single dissent (Justice Antonin Scalia), the concept of an independent prosecutor. Still, all subsequent efforts to appoint such a prosecutor have led to enormous disagreements over whether justice was done. Consider Kenneth Starr’s obsessive four-year, $40-million pursuit of President Bill Clinton for having sex with a White House intern and then lying about it. Special Counsel Patrick J. Fitzgerald’s 2006 pursuit of I. Lewis “Scooter” Libby is not as infamous, but it should be. Fitzgerald indicted and a jury later convicted Libby, a top aide to Vice President Dick Cheney, for lying about leaking to the New York Times the covert identity of CIA officer Valerie Plame Wilson. Subsequent revelations that there were multiple leaks and that Wilson’s CIA identity was not a secret served to discredit Libby’s indictment. Libby’s sentence was commuted. Libby’s relatively speedy reinstatement into the bar is seen by many as evidence of his unfair conviction. Considered in tandem, the campaigns against Democrat Clinton and Republican Libby raise disturbing questions about the use of special or independent prosecutors. 

Yet despite the constitutional issues, the most serious problem with a special counsel is that when a prosecutor is appointed to examine closely the lives and affairs of a pre-selected group of targets, that prosecutor is almost certain to stumble across multiple actions that might be deemed criminal under the sprawling and incredibly vague federal criminal code.

In Mueller’s case, one can have a very high degree of confidence that he will uncover alleged felonies within the ranks of the inner circle of the President’s men (there are very few women to investigate in this administration). This could well include Trump himself.

I described this phenomenon long before Trump began his improbable rise, in my 2009 book “Three Felonies a Day: How the Feds Target the Innocent” (Encounter Books, updated edition, 2011).  I explained how federal “fraud” statutes were so vague that just about any action in the daily life of a typically busy professional might be squeezed into the elastic definition of some kind of federal felony.

Harvard Law Professor (and, I should note, my former professor and subsequent longtime friend and colleague) Alan Dershowitz has beaten me to the punch, making the case in a raft of articles and on TV and radio that none of the evidence thus far leaked to or adduced by investigative reporters constitute federal crimes.

But Mueller’s demonstrated zeal and ample resources virtually assure that indictments will come, even in the absence of actual crimes rather than behavior that is simply “politics as usual”. If Mueller claims that Trump or members of his entourage committed crimes, it doesn’t mean that it’s necessarily so. We should take Mueller and his prosecutorial team with a grain of salt. But a grain of salt seems an outmoded concept in an age when both sides – Trump and his critics – seem impervious to inconvenient facts. The most appropriate slogan for all the combatants on both sides of the Trump wars (including, alas, the reporters and their editors) might well be: “Don’t confuse me with the facts; my mind is made up.” 

Harvey Silverglate, a criminal defense and First Amendment lawyer and writer, is WGBH/News’ “Freedom Watch” columnist. He practices law in an “of counsel” capacity in the Boston law firm Zalkind Duncan & Bernstein LLP. He is the author, most recently, of Three Felonies a Day: How the Feds Target the Innocent (New York: Encounter Books, updated edition 2011). The author thanks his research assistant, Nathan McGuire, for his invaluable work on this series.   

http://news.wgbh.org/2017/10/17/silverglate-how-robert-mueller-tried-entrap-me

Sabrin & Grossman host important conservative events

Two important upcoming events to place on your agenda.

The Sabrin Center for Free Enterprise presents a talk by William D. Cohan:  "Wall Street: The Good, the Bad and the Ugly."

jc_cohan.jpg

William D. Cohan

November 1, 2017 at 7:30 p.m. in the Trustees Pavilion
Refreshments and Registration 7 p.m.

Please RSVP to msabrin@ramapo.edu or call 201.684.7373.

William D. Cohan, a former senior Wall Street M&A investment

William D. Cohan, a former senior Wall Street M&A investment banker for 17 years at Lazard Frères & Co., Merrill Lynch and JPMorganChase, is the New York Times bestselling author of three non-fiction narratives about Wall Street: Money and Power: How Goldman Sachs Came to Rule the World; House of Cards: A Tale of Hubris and Wretched Excess on Wall Street; and, The Last Tycoons: The Secret History of Lazard Frères & Co., the winner of the 2007 FT/Goldman Sachs Business Book of the Year Award. His book, The Price of Silence, about the Duke lacrosse scandal was published in April 2014 and was also a New York Times bestseller. His new book, Why Wall Street Matters, was published by Random House in February 2017. He is a special correspondent at Vanity Fair and a columnist for the DealBook section of the New York Times. He also writes for The Financial Times, The New York Times, Bloomberg BusinessWeek, The Atlantic, The Nation, Fortune, and Politico. He previously wrote a bi-weekly opinion column for The New York Times and an opinion column for BloombergView. He also appears regularly on CNN, on Bloomberg TV, where he is a contributing editor, on MSNBC and the BBC-TV. He has also appeared three times as a guest on the Daily Show, with Jon Stewart, The NewsHour, The Charlie Rose Show, The Tavis Smiley Show, and CBS This Morning as well as on numerous NPR, BBC and Bloomberg radio programs. He is a graduate of Phillips Academy, Duke University, Columbia University School of Journalism and the Columbia University Graduate School of Business. He grew up in Worcester, Massachusetts and now lives in New York City with his wife and two sons.

This event has been made possible by The Sabrin Center for Free Enterprise.

Liberty & Prosperity is hosting a discussion on "Fake News" tomorrow evening, October 25th, at the Shore Diner:

Special video "Behind the Big News"  with discussion hosted by Steve Jones tomorrow, Wednesday, October 25 at 7PM to 8:30 pm.  Location:  Shore Diner, 6710 Tilton Road, Egg Harbor Twp, NJ (By Parkway Exit #36 Northfield)
No Admission, but please order dinner off menu as Shore Diner is not charging for the room.  This video examines "fake news" and collusion between leading media executives and personalities, and government officials, donors, and lobbyists tied to Bush Republicans and Clinton Democrats.   For more information, please contact Steve Jones at 609-616-5321 or
jbs-sp-sjones1@see-more-facts.com.

Seth Grossman, former Atlantic County Freeholder and founder of Liberty & Prosperity, provides his insights on the upcoming election and especially the ballot questions at LibertyAndProsperity.org.

Economist Walter Block at Ramapo College on October 5

Long time Austrian School economist and libertarian theoretician Walter Block will deliver the Raciti Memorial Lecture on October 5, 2017.  His lecture is titled:  "The Next Business Frontier."  To attend the event, please register in advance.  Professor Block's lecture is hosted by Ramapo's Sabrin Center for Free Enterprise. 

To register, see the advertisement below or click this link to Professor Murray Sabrin's blog:

http://www.murraysabrin.com/uncategorized/walter-block-at-ramapo-college-on-october-5/

Hope to see you next month.

Congressman Gottheimer's dilemma

Newly elected Democrat congressman Josh Gottheimer is in one heck of a pickle. 

Gottheimer represents a Republican-leaning district in which Donald Trump got more votes than he did.  And the economy in his district -- as well as the whole state -- has lagged behind much of the country, with persistent unemployment and underemployment, a high rate of foreclosure, record child poverty, and low job creation.  It is exactly the kind of district that will benefit from President Trump's plans to create jobs -- good, well-paid, union jobs -- rebuilding the nation's infrastructure. 

Unfortunately for Congressman Gottheimer, his base has gone nuts.  They demand that Democrats like Gottheimer reject EVERYTHING Trump.  They want leaders who sound like this:

But aside from the bad poetry, what is the policy agenda here?  Where are the jobs?  With an estimated net worth of $22 million, jobs for working class Americans isn't a concern that keeps Ms. Judd up at night.

Then there's the violence.  Just one example:  Pollster Frank Luntz was attacked by members of Congressman Gottheimer's base on Friday and he talked about the incident on Sunday’s Fox & Friends:

“A woman walked up to me in the Marriott Marquis and she shouted, ‘You fascist --’ and then two other words that would get me fired from your network [as Luntz tweeted later, the words were "mother f*cker"]. And she threw this red confetti glitter right in my eyes and she picked up another handful and she was no more than 6 inches away and I was covered with this stuff.” 

“Since when do you have the right or just the ability to attack people in a private setting, in a private matter?” Luntz asked the Fox hosts rhetorically. “I'm gonna tell you something. These protests are out of control. The language is out of control. There are 8-, 9-, 10-year-olds watching this, they read these horrible words from these signs... And to have to face this personally? 

"I never thought this would be America," he concluded. "I never thought this would happen in this country.”

Instead of calling out the juvenile antics of these super-rich "activists" (like Michael Moore, estimated net worth $50 million and Madonna, estimated net worth $560 million), the new congressman sounded apologetic when he recently explained to an audience at Ramapo College that he was attending the inauguration out of "respect for the office" as opposed to the man chosen to serve as President.  This is a hypocritical position for a fellow like Gottheimer who, after all, is someone who worked for President Bill Clinton -- and who has never been known to criticize his former boss for the disrespect he heaped upon the office.

Congressman Gottheimer was reckless when he recently told the media that he would fight against "President-elect Trump, the alt-right, or anyone else for that matter."  Linking President Trump to the so-called "Alt-Right" will only serve to inflame the passions of some of the nutcases we saw carrying on last Friday. 

Warren County Freeholder Jason Sarnoski, a conservative Republican, noted: 

"Congressman Gottheimer claims to understand why his fellow Democrats aren’t going to the Inauguration and says he respects their decision to peacefully protest.  Understanding and respecting this choice is tantamount to agreeing with it and taking part in it.

Last night I was dismayed to see a young boy on the news starting a fire in the middle of a riot on a street because, using his words, 'Screw the President.'  This is far from peaceful and far from constructive protesting.  When leaders such as Josh Gottheimer support and encourage this type of protest, it undermines the foundation on which this country was built."

The Congressman's rhetoric about Trump and the Alt-Right plays directly to the most violent elements within Gottheimer's base.  After all -- if you reallyreally do believe that Donald Trump is Adolf Hitler -- there is a logical course of action that is both chilling and insane (as well as illegal).  And that is why Congressman Gottheimer needs to stop beating around the bush.  That is why he needs to tell the members of his base who are prone to violence that they are over-the-line.

If he truly wants to be part of the Problem Solver's Caucus then he needs to ditch the rhetoric of hate.  Quit feeding the base and focus on the district.