All posts by Thomas L. Knapp

Public Service Announcement: No, Trump and Kennedy Aren’t Libertarian Presidential Candidates

Libertarian Party Logo
Libertarian Party Logo (Photo credit: Wikipedia)

In early May, the Libertarian Party’s national committee announced a prominent speaker at the party’s convention over Memorial Day weekend in Washington, DC: Former US president Donald Trump.

A few days later, independent presidential candidate Robert F. Kennedy Jr., in a post on X (formerly Twitter), issued a challenge:

“We’re both going to be speaking at the upcoming Libertarian convention on May 24 and 25. It’s perfect neutral territory for you and me to have a debate where you can defend your record for your wavering supporters. ”

The party hasn’t publicly confirmed any invitation (offered or accepted) to Kennedy, but maybe that’s coming.

I’m not going to argue — here, anyway — over the wisdom of a political party inviting two of its most prominent opponents to use its national convention as a campaign rally location or debate venue.

I do, however, want all you voters out there to know three things about this … things that the media coverage seems to either leave unmentioned or gloss over:

  1. Donald Trump isn’t a libertarian;
  2. Robert F. Kennedy Jr. isn’t a libertarian; and
  3. Neither Trump nor Kennedy will be the Libertarian Party’s 2024 presidential nominee.

We’ve got a pretty big field of announced candidates for that presidential nomination.

Neither Trump nor Kennedy have declared for that nomination (in fact, after flirting with doing so, Kennedy publicly rejected the idea).

Neither Trump nor Kennedy are eligible for that nomination … or at least they won’t be if they address the convention prior to the nominee being selected. According to the Libertarian National Committee’s policy manual:

“No person shall be scheduled as a convention speaker unless that person has signed this statement: ‘As a condition of my being scheduled to speak, I agree to neither seek nor accept nomination for any office to be selected by delegates at the upcoming Libertarian Party convention if the voting for that office occurs after my speech.'”

Since we haven’t selected our nominee yet, I’m not going to sing his or her praises to you or try to convince you to vote Libertarian . I just don’t want you to be surprised when you look at your ballot in November and don’t see the name “Trump” or “Kennedy” next to the name “Libertarian Party.”

Between now and November, I hope you’ll take time to familiarize yourself with libertarian ideas and with the Libertarian Party’s candidates for office across the US. They deserve your attention and consideration.

Thomas L. Knapp (Twitter: @thomaslknapp) is director and senior news analyst at the William Lloyd Garrison Center for Libertarian Advocacy Journalism (thegarrisoncenter.org). He lives and works in north central Florida.

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Jesus (Sort Of) Versus the Long Arm of Washington’s Reichsfluchtsteuer

The Racket film poster

On April 29. the US Department of Justice “unsealed” a 2023 indictment of one Roger Ver, better known in cryptocurrency circles as “Bitcoin Jesus.” He was arrested in Spain and as of this writing awaits extradition proceedings.

The indictment claims that Ver failed to hand over a sufficiently large extortion payment to the US government  in 2017, after  leaving the country and renouncing his citizenship in 2014.

The DOJ press release doesn’t put it quite that way, of course. Instead it claims that  “[A]s a result of his expatriation, Ver allegedly was required under U.S. law to file tax returns that reported capital gains from the constructive sale of his world-wide assets …. He was also allegedly required to pay a tax — referred to as an ‘exit tax’ – on those capital gains. … [Ver] concealed the true number of bitcoins he and his companies owned.”

Yes, you have that right. Roger Ver left the US in 2014. Roger Ver renounced his citizenship in 2014. He’s charged with not paying a $48 million bribe to the US government after selling some of his Bitcoin in 2017, when he was neither a citizen of, nor resident in, the US.

In 1931, Germany’s Weimar Republic instituted something called the Reichsfluchtsteuer — “Reich Flight Tax” — to prevent wealthy Germans from going, and taking their money, elsewhere … or at least to grab much of that money.

After the Nazis rose to power in 1933, the tax was instead used to seize everything of value from Jews trying to flee the new government’s persecution.

But, so far as I can tell, even the Third Reich didn’t display anything like the sheer gall and temerity of the US regime, chasing down emigrants years later and extorting additional money from them. Hitler’s goons limited themselves to things like pawing through emigrants’ luggage and stealing their jewelry.

Roger Ver’s wealth was never any of the US government’s business (neither is yours), and he never “owed” them a cut of it even when he lived here (nor do you).

This “nice life you’ve built elsewhere,  shame if anything happened to it” routine  is a giant, audacious step beyond most governments’ protection rackets.

To add insult to injury, “Bitcoin Jesus” has probably done you more good — with his investments in, and evangelism for, cryptocurrencies —  than “your” government ever has.

Which may or may not be why they’re after him. But either way, telling Hitler “hey, hold my beer” just isn’t a very good look.

Thomas L. Knapp (Twitter: @thomaslknapp) is director and senior news analyst at the William Lloyd Garrison Center for Libertarian Advocacy Journalism (thegarrisoncenter.org). He lives and works in north central Florida.

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How Many Babies Are “Enough?”

Baby-baby-feet-bed-325690

“Americans aren’t having enough babies,” Catherine Rampell writes at the Washington Post. “Ironically, pro-life politicians might be making the problem worse.”

Her suggestion for addressing the supposed problem: “Slash the tax burden for families with young kids, a traditionally bipartisan policy that a few Republican senators are currently blocking.”

I’ve got a few problems with that suggestion.

One is that most “child tax credit” proposals of the type implied are actually subsidies — that is, they are “refundable,” such that beneficiaries can actually receive a net payment FROM the government (in other words, from the taxpayers), rather than paying any taxes at all TO the government.

Another is that I don’t like social engineering by government.

Using tax policy to influence how much beer people drink, what kind of cars people drive, or how many babies people have is just a way of imposing some people’s social preferences (and the costs of exercising those preferences) on other people.

Americans, Rampell tells us (citing polling data), are “having fewer kids than they say they want.”

She doesn’t cite any polling data on how many kids those same people want to pay the costs of conceiving, delivering, and raising. I suspect the latter number would be lower.

I want one more Tesla than I currently own (the latter number is zero), but I don’t want to pay the advertised sticker price. Nor do I support taxing you, or Ms. Rampell, more to buy me one (or to give me a tax credit to reduce my cost of buying one).

Ms. Rampell does posit substantive “problems” arising from “a population that fails to replace itself” — a smaller work force that doesn’t pay as much in taxes, for example.

And to her credit, she notices that there’s also a ready “solution”: More immigration.

A healthy economy attracts people from elsewhere to fulfill demand for goods and services.

As it happens, those people tend to come from cultures where having babies hasn’t gone quite so out of fashion as it seems to be getting here.

And instead of demanding subsidies for having those babies, they’d be paying the taxes that the “missing” babies would have eventually been paying. “Problem” solved.

[Note: I don’t consider taxes, or paying them, a good thing, but I guess I’m a sort of “moderate” — if we’re forced to pay them, I consider using them to engineer desired social outcomes worse than using them to fill potholes, but better than using them to murder poor brown people in the Middle East and Central Asia.]

How many babies are “enough?” As many as people choose to have in the expectation of covering the costs without subsidies. Any other number is just damaging political interference.

Thomas L. Knapp (Twitter: @thomaslknapp) is director and senior news analyst at the William Lloyd Garrison Center for Libertarian Advocacy Journalism (thegarrisoncenter.org). He lives and works in north central Florida.

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