Fuelman » Today, 8:17 am » wrote: ↑ I stand by my belief that no amount of taxation will satisfy the Government Beast. It will never be enough!
A short history lesson:
did James Madison say that wealthy people should pay a higher percentage of their income in federal taxes
+4There is no record of James Madison saying that wealthy people should pay a higher percentage of their income in federal taxes.Madison's views on taxation were focused on impartiality, protecting property rights, and avoiding the "tyranny" of the majority taking from the minority.
Key points regarding his views include:
Opposition to Unequal Taxation: In a 1792 essay on property, Madison wrote that a government is not just when "arbitrary taxes invade the domestic sanctuaries of the rich" or when taxes are used to "oppress one species of property and reward another".
Protection of Property: Madison believed that a "just security to property" is a key goal of government and warned against the majority using their power to redistribute wealth, as he discussed in Federalist No. 10.
Views on Factions: He argued that an unequal distribution of property causes factions, but he sought to manage this through a representative system rather than by punishing the wealthy through taxation.
Views on Wealthy and Poor: While he noted that wealth often influences politics, he also observed that the "man in affluent circumstances has different feelings from the man who daily toils for a subsistence," aiming to create a balance