On Independence Day 2 Classic Liberals Speak Jul 4, 2014
"It would be a hard government that should tax its people one-tenth part of their income." ~ Benjamin Franklin Food for thought. America rebelled against England, in part, over taxation that was only a fraction of today's tax burden. In fact, the Founding Fathers struggled with the notion a nation would tax its people at even 10%! Scholars at the time considered oppressive taxation by using a "1/3 test." Feudal overlords had required homage equivalent to 1/3 of the crop produced on their land by serfs. So the belief, in the late 1700s, was that any taxation over 1/3 was...
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