Monthly Archives: September 2012

Pope Pius XI on Death and Taxes

Oddly enough, it appears that Pope Pius XI may have had an opinion about estate taxes. ┬áConsider this statement from his letter Quadragesimo Anno (emphasis added): “Man’s natural right of possessing and transmitting property by inheritance must be kept intact … Continue reading

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Are Interest Rates Unjustly Low?

“The Fed (and the lunatics that run it) are telling the whole world untruths about the cost of money and the price of risk.”- David Stockman, (Director of the Office of Management and Budget under Reagan) Are interest rates too … Continue reading

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Immoderate and Excessive Tax Rates

Continuing with the theme from last week, we offer another quote from Fr. Cahill on taxes and justice: “Generally speaking, a rate of taxation which corresponds to about 5 or 6 per cent. of the gross national income is reckoned … Continue reading

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