MikeK
Gold Member
- Jun 11, 2010
- 15,930
- 2,495
You believe ". . . in proportion to their respective abilities. . ." means a flat tax?Adam Smith on progressive taxation:
You are being dishonest, as Marxists so often are. I addressed this yesterday and you fled;
What Smith wrote was;
{"The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state." (Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations)}
Clearly what this advocates is a FLAT TAX, a proportion of every dollar earned. There is nothing in there about graduating taxes or placing greater proportions on some.
A flat tax would be a fixed amount regardless of one's respective abilities.