Ludwig von Mises Quotes

It was under Wilson, of course, that the first huge parts of the Marxist program, such as the progressive income tax, were incorporated into the American system.

A heavy progressive or graduated income tax.

Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away

I don't believe in a redistribution of wealth.

The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.

I am a Marxist Leninist and I will be one until the last day of my life.

There are a few people, but a diminishing number, who still believe that Marxism, as an economic system, off era a coherent alternative to capitalism, and socialism has, indeed, triumphed in one country.

Marx, as we have seen, solved it by declaring capital to be a different thing from product, and maintaining that it belonged to society and should be seized by society and employed for the benefit of all alike.

Communism is nonsense.

The progressive feature of the income tax is the most dangerous element of democracy.

The present assault upon capital is but the beginning. It will be but a stepping stone to others, larger and more sweeping, till our political contests will become a war of the poor against the rich.

During the 26 years I have spent in the public service I have been guided wholly by these economic formulas [of Marxist Socialism] as a foundation in effectuating policies and in promoting governmental measures.

We demand a graduated income tax.

The America that boomed in the mid-20th century was a place where the state demanded that male citizens surrender years of their lives to national service, where the top income tax hovered between 70 and 94 percent, and where commercial banks were prohibited from investment banking. It was a veritable socialist paradise compared to the America of today.

The argument that any income redistribution is tantamount to socialism, and that socialism has always been unAmerican, has helped legitimise keeping taxes on America's very wealthy very low.

I've always intuitively liked the consumption-tax model.

I support a progressive state income tax.

Many countries, even socialist Sweden and former communist Russia, have done away with their death taxes. They found the confiscation of wealth at death to be counterproductive.

Income earned by the sweat of your brow should be taxed at the lowest rates, not the highest. Capital gains should be taxed at a higher rate.

Nothing is more calculated to make a demagogue popular than a constantly reiterated demand for heavy taxes on the rich. Capital levies and high income taxes on the larger incomes are extraordinarily popular with the masses, who do not have to pay them.

What the Democrats do with income inequality is punish the people at the top of whatever bracket we're talking about. If it's income, they want to raise taxes. They want to impugn, punish, institute more regulations, just make it tougher and tougher and do what they can to take money from them.

Income tax in particular in the United States is concentrated on the top half of the income distribution, and very heavily skewed towards the top 10 or even top 1 percent.

Spending by government currently amounts to about 45 percent of national income. By that test, government owns 45 percent of the means of production that produce the national income. The U.S. is now 45 percent socialist.

This is a guy [Steven Lerner] who believes, for example, that Reaganomics or trickle-down economics means, "The rich got rich by stealing from the poor," or stealing from the middle class and making them poor via debt. He has worked with unions in Europe.

The high income tax come pretty near passing in the Senate. Only lacked about six votes. So it won't be long now. Well, there is millions and millions that are not making it, that would be glad to give up 99 per cent if you would let 'em earn a hundred thousand or more.