krebscycle

Jefferson:

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, legislators cannot invent too many devices for subdividing property

Then he goes on to write:

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 or property in geometrical progression as they rise.

Since our right wingers are not too math saavy, “geometrical progression" means something like our progressive income tax like it used to be with say, 90% tax rate at the highest levels – and without all the special tax treats our aristocrats have taken for themselves. But Jefferson wants a wealth tax and an estate tax, not just an income tax.

Jefferson saw clearly the dangers of concentration of wealth in the hands of entitled aristocrats like Mr. Koch and his odious brothers.  Jefferson’s letter containing these ideas was written from France, not so long before the intransigence, stupid greed, and lack of patriotism of aristocrats like Mr. Koch brought down the French government and ignited a revolution that cost many of them their lives.  Mr. Koch inherited his vast fortune – he is not an entrepreneur despite the imaginings of his acolytes. Koch’s politics are about entitlement and against opportunity for mere peasants to disagree with his demands, let alone to create competing businesses.  Jefferson’s opposition to aristocracy is denounced by today’s "conservatives” out of a love of servility and cringing fear of a free and open society. Koch’s supporters desire to grovel before feudal lords is on full and shameful display in the Wall Street Journal – and not just in the sad comments readers added to Mr. Kochs whiny article.

The earth is given as a common stock for man to labor and live on. If for the encouragement of industry we allow it to be appropriated, we must take care that other employment be provided to those excluded from the appropriation

That is Jefferson, not Karl Marx.  Those who despise freedom both the ones who wish only to be dominated and their masters, will find it hard to comprehend.