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To: Ohioan
a Federal tax on wealth is totally contrary to both the letter & spirit of the Constitution of the United States.

Confiscatory taxation and taxes on the rich:

Mass prosperity requires economic progress, which requires a pro-capitalistic political program, which requires rationality, natural rights, including private property rights, capital accumulation, and technological progress and advances.

The total abolition of the personal and corporate income taxes and of the inheritance tax is an essential feature of a pro-capitalist political program. It is required by the individual’s right to his own property. In addition, progress toward the abolition of these taxes helps to create the conditions required for economic progress, by increasing economic incentives, and the ability to save, both of which serve to promote capital accumulation, and thus a rising productivity of labor and rising average real wage rates.

23 posted on 03/01/2019 10:51:12 AM PST by mjp ((pro-{God, reality, reason, egoism, individualism, natural rights, limited government, capitalism}))
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To: mjp

You are preaching to the choir! But my essential point here, is that this is opportunity—in large part for some of the reasons you cite—to counter attack the Left by reaffirming the wisdom of the Founders, without the sickening apologies with which some Republicans approached Obama.


28 posted on 03/01/2019 11:07:05 AM PST by Ohioan
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