Tuesday, January 19, 2016

Death and Taxes... I Agree.

Image found on Google

This comes from Lewrockwell.com.

Money quote:

"Progressive taxation is Marxist. At the end of section two of Marx’s Communist Manifesto, in addition to calling for the abolition of private property and the centralization of the means of production in the hands of the state, he petitioned for “a heavy progressive or graduated income tax.” The U.S. income tax has been progressive from the very beginning. The current tax rates of 10, 15, 25, 28, 33, 35, & 39.6 percent are highly progressive. The tax code is also progressive because of the personal exemption and itemized deduction reductions and the phrase out of certain tax deductions and credits that punish high-income taxpayers. The U.S. tax code is Marxist, even if the Marxism is disguised as the idea that “the rich” should pay some arbitrary “fair share.”

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