Tax Policy Consequences and the CO2 Pipeline Land Grab

On this Wednesday, August 30, 2023 broadcast, Kim Monson explores the devastating consequences of tax policy with economic historian Brian Domitrovic, then exposes the alarming CO2 pipeline land confiscation scheme with sixth-generation farmer Trent Loos, revealing how both Republican and Democrat leaders are complicit in threatening American property rights and economic freedom. The Catastrophic Mistake of the Income Tax Start listening at 31:51 – Hour 1 Brian Domitrovic, Richard S. Strong Scholar at the Laffer Center, breaks down 110 years of income tax history in his new book “Taxes Have Consequences: An Income Tax History of the United States,” co-authored with Arthur Laffer and Jeanne Sinkfield. Domitrovic argues the 16th Amendment ratified in 1913 was a catastrophic mistake, explaining that taxing income predictably produces less of it. The economist points to the explosive growth of the tax code to 70,000 pages as evidence of collusion between big business and government. Large corporations can afford to navigate the labyrinth of exemptions and escape hatches while small businesses cannot, creating an inherent advantage for corporate giants over entrepreneurs. Domitrovic warns that Biden’s plan to hire 87,000 new IRS agents will mathematically target the middle class, since the least experienced agents cannot defeat wealthy taxpayers’ sophisticated legal teams. On the BRICS nations exploring alternatives to the dollar, Domitrovic remains optimistic but notes that 17% inflation under Biden has depreciated the dollar’s value, prompting global searches for currency alternatives. His prescription: return to the gold standard and eliminate barriers to investment. “If you want to hire 87,000 IRS agents, well, by definition, they’re going to be the worst IRS agents on your field because you already hired the best ones, and corporations will have a field day defeating them at the bar.” Brian Domitrovic, Richard S. Strong Scholar at the Laffer Center CO2 Pipelines: A Scheme for Land Control Start listening at 75:15 – Hour 2 Trent Loos, sixth-generation farmer and rancher, exposes the massive CO2 pipeline scheme unfolding across six Midwestern states. Over 200 South Dakota landowners have received eminent domain papers, with 93 more in Iowa, all to accommodate pipelines that will funnel $17.6 billion annually in taxpayer money to just three companies: Summit Carbon Solutions, Navigator (84% owned by BlackRock, 14% by United Arab Emirates), and Wolf/ADM. Loos reveals that Republican governors Kristi Noem, Doug Burgum, Jim Pillen, and Kim Reynolds are championing these pipelines despite campaign promises to protect property rights. Summit Carbon Solutions contributed $50,000 to Governor Pillen’s campaign, and Noem’s inaugural ball sponsors included Poet Nutrition and Summit Carbon Solutions. The easements being forced on landowners extend far beyond the pipeline path, potentially covering entire sections of 640 acres where landowners cannot plant a tree without permission from the easement holder. The CO2 captured from ethanol plants will not even be used for the claimed purpose of enhanced oil recovery. Loos explains the CO2 must remain entombed for 12 years, and Navigator plans to sell much of it for commercial uses including jet fuel production. Meanwhile, atmospheric CO2 at 430 parts per million is already at critically low levels for plant growth. “I have to tell you about Kristi Noem. She’s the biggest fraud of all 50 governors in the nation.” Trent Loos, Sixth-Generation Farmer a...