They advocated the following:
“A heavy progressive or graduated income tax” (Plank #2 of The Communist Manifesto by Marx and Engels); and
“A progressive tax system which places primary reliance on the personal income tax” (Plank #4 of Friedman’s “Monetary and Fiscal Framework for Economic Stability,” in his Essays in Postitive Economics, p. 137).
2:17 pm on April 25, 2012