Thomas Jefferson Quotes
Exempt all from taxation below a certain point, and ... tax the higher portions of property in geometrical progression as they rise.
Thomas Jefferson, 1743-1826, 3rd President of the United States (Democratic Republican, VA), Letter to James Madison, October 28, 1785
Sourced by: Eigen's Political and Historical Quotations
This was a typical argument in the 2012 battle between President Obama and the Republican conservatives. However, this was written 35 years earlier, when the exact same issue was polarizing politicians. The idea for taxing the rich more to reduce the deficit has been around since there was a Federal deficit. On most occasions the rich had enough political clout to avoid additional taxes for them and get the general public to pay instead of them. However, there have been times where they have not been able to avoid increased taxes. The New Deal lead by Franklin Delano Roosevelt and the Obama administration in 2013 were two such exceptions.
Thomas Jefferson was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Father who served as the third president of the United States from 1801 to 1809. He had previously served as the second vice president of the United States under John Adams between 1797 and 1801. The principal author of the Declaration of Independence, Jefferson was a proponent of democracy, republicanism, and individual rights, motivating American colonists to break from the Kingdom of Great Britain and form a new nation; he produced formative documents and decisions at both the state and national levels.