Protecting Property Rights
Protected through deeds, zoning laws, and government regulations.
What is land?
Tax on what you earn.
What is flat tax?
Provide financial services like loans and savings accounts.
What are Banks & Credit Unions?
Interest + total amount of money the U.S. government has borrowed.
What is National Debt?
The total amount of money in circulation in a country.
What is Money Supply?
Books, music, paintings, and films protected by copyright law.
What is artistic creations?
The amount of income left after all subtractions are made from total income.
What is taxable income?
Represents financial markets and investments.
What is Wall Street?
Taxes applied to everyone at the same rate.
What is Equal Application?
Increasing the money supply + speeding up the economy.
What is Expansionary Monetary Policy?
Ensures due process and fair compensation for taken property.
What is 5th amendment?
Provide income to retired and disabled Americans.
What is Social Security Taxes?
Funded by donations, grants, and memberships.
What is Nonprofit Organizations?
Small payments charged for various licenses.
What is Fees?
Economic output is well below its potential + Unemployment is high.
What is Recessionary Gaps?
State can take private land for public use with compensation.
Sales taxes on “luxury” items.
What is Excise taxes?
Businesses owned and operated by members.
What is Cooperatives?
Borrowing money from citizens promising to repay them with interest.
What is bonds?
Interest rates are raised, and spending decreases. This can help balance prices.
What is Contractionary Monetary Policy?
Allows creators to share work with specific licensing conditions.
What is Creative Commons?
Based on the portion of the estate received by an individual.
What is inheritance taxes?
Organizations ensuring fair economic practices and financial stability.
What is Regulatory Agencies Overview?
Benefit programs and national defense.
What are the largest expenses of the federal government?
Our central bank established in 1913. It is more powerful than our previous national bank.
What is The Federal Reserve?