g5000
Diamond Member
- Nov 26, 2011
- 125,608
- 69,326
I don't think modern day Republicans know as much about Jefferson as they think they do.
He favored progressive taxation and exempting a certain portion of the population from taxes.
He believed wealth inequality to be a bad thing:
He favored progressive taxation and exempting a certain portion of the population from taxes.
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. Whenever there is in any country, uncultivated lands and unemployed poor, it is clear that the laws of property have been so far extended as to violate natural right.
He believed wealth inequality to be a bad thing:
I am conscious that an equal division of property is impracticable. But the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property, only taking care to let their subdivisions go hand in hand with the natural affections of the human mind.