Tax Equality Quotes
Throughout most of the world, the rich and the aristocrats have been able to reduce or eliminate their tax obligations with the burden falling more heavily on the common people. Progressive taxation was thought to be a solution, but even in the United States by the 21st century many huge corporations paid little or no taxes while there was a heavy tax burden on small companies. Rich people generally paid a smaller percentage of their income than middle class people.
His principle was that if all men shared in paying taxes, no one would have to pay so much as to be impoverished. However, the tradition was to exempt so many citizens and classes of citizens that the burden fell heavily on the remainder. Today, in America, no one is exempted, but there are deductions and tax credits given so that some escape much taxation, the poor pay few taxes, and the burden still falls on some—today, the middle class.
This law established a fundamental principle that allowed capital to be invested in new and needy territories without running the risk of the locals discriminating against businesses or establishments owned by strangers. Many states and communities still find ways to favor local businesses but not be discriminatory taxation.
Giovanni de Medici
The very rich told the middle class that if the rich had to pay taxes there would be little money left to operate factories and buy luxuries that employed middle class merchants and artisans. Many believed the argument and were willing to pay taxes even though the richest people did not. Gogel held the line however, and the desperate need for war financing for Napoleon Bonaparte Bonaparte’s conquests caused the King to tax even the rich.
