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Politics : A US National Health Care System? -- Ignore unavailable to you. Want to Upgrade?

To: Lane3 who wrote (5037)	2/27/2008 7:25:50 PM
From: TimF	Respond to of 42652

Well he did propose a top tax rate of 100%... Since Arthur Laffer hadn't been born yet I guess we can't be too hard on him for not understanding the Laffer curve... <g>

To: Lane3 who wrote (5037)	2/28/2008 6:53:15 AM
From: Mary Cluney	Respond to of 42652

"Roosevelt did not argue that the Constitution should be amended to include the "Second Bill of Rights." But he did believe that social and economic rights ought to be seen as a defining part of our political culture, closely akin to the Declaration of Independence -- a place to look for our deepest commitments. On this count, Roosevelt's plea can claim strong roots in American history. James Madison, the most influential member of the founding generation, explicitly supported "laws, which, without violating the rights of property, reduce extreme wealth to a state of mediocrity, and raise extreme indigence toward a state of comfort." Thomas Jefferson spoke in similar terms, saying: "I am conscious that an equal division of property is impracticable. But the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislatures cannot invest too many devices for subdividing property, only taking care to let their subdivisions go hand in hand with the natural affections of the human mind . . . . Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise.""