December 7, 2010

Taxing the Hell out of the Rich is the More American than Apple Pie

A prominent figure in history on why we should tax the hell out of the rich and spend it on socialist things like public schools, and infrastructure:

"Our revenues liberated by the discharge of the public debt, and its surplus applied to canals, roads, schools, etc., the farmer will see his government supported, his children educated, and the face of his country made a paradise by the contributions of the rich alone, without his being called on to spend a cent from his earnings." *
--Thomas Jefferson, 1811

"Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise."
--Thomas Jefferson to James Madison, 1785.

*Emphasis mine.