68 Quotes by Mark Skousen

No one spends someone elses money as carefully as he spends his own.

The true principle of taxation is the benefit principle - those who benefit from a government service should pay for it. It's also known as the 'user pay' principle. Every effort should be made to link the payment of taxes or fees to the cost associated with the government service.

YouTube offers the best solution by running an ad before showing the video, but also offering a 'skip ad' button that you can click after five seconds to go directly to the video if you are not interested in the ad. Now, that's what I call consumer sovereignty!

When everyone is a contrarian, nobody is a contrarian.

Bitcoin is not an actual physical coin, and if computers are shut down, you can’t buy or sell them. That’s why nothing will ever replace gold and silver coins themselves, and all investors should have them at home or in a safe deposit box.

Bill Gates and Warren Buffett have their ‘Giving Pledge,’ where billionaires promise to give away the majority of their wealth when they die. My Social Security Pledge is better – to give money to good causes when you are alive. Besides, more Americans can participate.

In a free society, individuals have the right to do right or wrong, as long as they don’t threaten or infringe upon the rights or property of others.

I find it ironic how New York City Mayor Mike Bloomberg is so focused on such small issues as drink sizes, while ignoring the massive infrastructure challenges in New York – lousy roads, third-world airports, traffic jams, etc.

The income tax is flawed for a number of reasons – it discourages economic growth and encourages a bloated government.