Monday, May 3, 2021

Fortune Quote #3203

[I]n 1848, Karl Marx said, a progressive income tax is needed to transfer
wealth and power to the state. Thus, Marx's Communist Manifesto had as its
major economic tenet a progressive income tax. ... I say it is time to
replace the progressive income tax with a national retail sales tax, and it
is time to abolish the IRS. -- Rep. James Traficant, Jr.

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