May 5 was the 200th anniversary of the birth of Karl Marx. Although Republicans have universally used the occasion to point out Marx’s bloody legacy, they have failed to realize that they themselves are Marxist when it comes to income taxation. At the end of section two of Marx’s Communist Manifesto, in addition to calling for the abolition of private property and the centralization of the means of production in the hands of the state, Marx called for “a heavy progressive or graduated income tax.” From its very beginning, the U.S. tax code has sought to soak “the rich” with … Continue reading Marxist Republicans