Adam Smith Defends Taxes
The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities; that is, in proportion to the revenue which they respectively enjoy under the protection of the state. The expense of government to the individuals of a great nation, is like the expense of management to the joint tenants of a great estate, who are all obliged to contribute in proportion to their respective interests in the estate.
Notes:
Which should be proportional to a person's monetary interest in the country. The more of America you own, the more you have for the government to protect.
Folksonomies: politics capitalism taxation
Keywords:
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Concepts:
Sovereign state (0.985541): dbpedia | freebase
State (0.739961): dbpedia | freebase
Political philosophy (0.681001): dbpedia | freebase | opencyc
Government (0.593701): dbpedia | freebase
United States (0.570016): website | dbpedia | ciaFactbook | freebase | opencyc | yago
Race (0.510337): dbpedia | yago
Hierarchy (0.495643): dbpedia | freebase | opencyc
The Wealth of NationsTriples
Elizabeth Warren Evokes Adam Smith
Nobody in This Country Got Rich on His Own > Similarity > Adam Smith Defends TaxesShe argues that the financially successful owe some of their success to the stability of the society that fostered them; Adam Smith argued that the more you owned, the more you owed back to the society in which you are invested.
