PaintMyHouse
Diamond Member
- Thread starter
- Banned
- #601
I have already stated what Smith believed. If you wish to replay history that is your call, but it is of no interest to me.Not what Smith said but do try to rationalize things away.Smith was okay with the rich paying more than their share, since they got more out of society, wanted no taxes on necessities but was fine with taxes on luxuries, and wanted corporations to continue to be banned. That Marxist enough for you?
Originally, there were no income taxes. Taxes were on goods to keep the government going and it made sense to have higher taxes on pricier items, which would affect the wealthy more.
Doesn't really matter what he thought. That isn't how the constitution was written so it's a moot point.