Quote:
Originally Posted by Loneiguana
“The necessaries of life occasion the great expense of the poor. They find it difficult to get food, and the greater part of their little revenue is spent in getting it. The luxuries and vanities of life occasion the principal expense of the rich, and a magnificent house embellishes and sets off to the best advantage all the other luxuries and vanities which they possess …. It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”
-Adam Smith in "The Wealth of Nations," 1776, Considered the father of economics and one of the first advocates of capitalism
|
Yea, and clearly there should never be a limit to what they contribute until every American can live above the poverty line.