Libertarian Party of Wisconsin
Press Secretary—Tim Krenz,
April 27, 2023
FOR IMMEDIATE RELEASE
Libertarians on Government Fiscal Mess: Bipartisan Mismanagement
Ubet, WI—“The bipartisan dysfunction over the Federal national debt ceiling and the increasing deficits directly threatens every family in the country,” said the Libertarian Party of Wisconsin (LPWI) Press Office, in a statement released this week. “Democrats and Republicans both hold absolute responsibility for their ‘bullet-train’ deficit policies rapidly running out of track. They must own up for the mismanagement of their public trust.”
“Right now, with no plan in sight to actually change the business as usual, the national debt will more than equal 100 percent of the American GDP. Every man, woman, and child in the country now owns almost $100,000 each of that debt. That share will only go up. Did voters and taxpayers actually consent to that by their own free choice? Did they have any other choice at all?
Libertarians believe that the government’s use of courts, sheriff auctions, and the threat of imprisonment to ensure tax collection—all violate a political doctrine of free-will choice and responsible consent, a doctrine promoted by the LPWI. And as such, forced taxation leads to fiscal irresponsibility, larger deficits, and unsustainable debt.
In contrast, many libertarian economists propose a competitive choice of goods and services for rents or fees, or a system of consumption-based taxation where people have choices. “Voters who join or adopt a Libertarian Party program of restraint in government revenues and expenditures rid a free people of the problem of their government mismanaging its business, and it stops the moral crime of using violence against citizens in order to collect tax revenues,” the LPWI statement concluded.
To find out more on the Libertarian Party of Wisconsin and its platform, please visit www.lpwi.org .