Others disagreed with Marx:
“Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few years an increased – not a reduced – flow of revenues to the federal government.” – John F. Kennedy, Jan. 17, 1963, annual budget message to the Congress
However, taking the Marx view the Marxist/Progressive think tank, the Center for American Progress, said “President Donald Trump and House Republicans have championed massive tax cuts for the wealthy and corporations. They will likely try to enact these giveaways into law as part of what they call tax reform, as well as through other measures such as repeal of the Affordable Care Act and infrastructure legislation. While tax policy offers many complicated questions, one thing should be clear: The wealthiest Americans and big corporations do not need any more tax cuts.”
The age-old argument between Individualists (Freedom Loving Americans) and Collectivists (Marxists, Communists, Socialists, Progressives, and Liberals) has always been, is capital better handled by individuals or by the government. The free enterprise system is based on individuals determining how capital is used and the socialist system (that has never succeeded) says capital should be divided as determined by the government and should be divided according to need and not production.
Karl Marx said that the government should receive 100% of the Gross Domestic Product and then the government should distribute according to need. This is what our welfare system and safety net mentality is bringing about in the United States. The Marxist/Progressives say the tax rates are not fair because the “wealthy” are allowed to keep too much.
When the Marxist/Progressives are asked, what would be fair, they always say they are not sure of the number, but what the “wealthy” are paying now is too little. Communist sympathizer, big government advocate, and socialist Franklin Delano Roosevelt told us what he thought was fair.
In a message to the Congress on April 27, 1942, FDR stated:
"Discrepancies between low personal incomes and very high personal incomes should be lessened; and I therefore believe that in time of this grave national danger, when all excess income should go to win the war, no American citizen ought to have a net income, after he has paid his taxes, of more than $25,000 a year."
Roosevelt called for confiscating 100% of personal income over an after-tax income of $25,000. This is what Franklin Roosevelt said was fair. History has proven time after time that this is the recipe for disaster. This is currently being proven in Venezuela. It was proven in Soviet Russia and the Soviet bloc. It was proven in Mao’s China and Castro’s Cuba and will be proven in the Marxist/Progressive (Democrat) United States if we continue down this path.