Now to be honest on my part, I am not sure I completely disagree with that. Preventing concentration of wealth and power (they are one and the same) is important to retaining our liberty. I disagree in the use of taxation to do this. My method is more freedom and less regulation. Only the big boys can deal with the regulation.
Americans have always been free to move up and down the economic ladder but not as much anymore..................
The 16th Amendment Income tax (1913) was sold as a Progressive Era measure to tax excessive wealth. Americans were assured that only the top two percent highest earners would pay the income tax. Sound familiar?