Thomas Sowell Quotes
All the political angst and moral melodrama about getting 'the rich' to pay 'their fair share' is part of a big charade. This is not about economics, it is about politics.
Sowell, Thomas. Dismantling America: and other controversial essays. Basic Books, 2010, p. 19.
The nation rejected the flat tax that was favored by conservatives in the 1930s. However, in the Republican Presidential Primary Campaign of 2000, candidate Steve Forbes made the flat tax a centerpoint of his campaign. He lost badly, but the idea caught on amongst some conservative Republicans, and has had some support since.
Reacting to proposals to reduce the capital gains tax:
He was one of the richest men in America, who thought that the tax burden on the very wealthy was too low given the needs of the nation and the ability of the wealty to pay..
Thomas Sowell is an American economist, social theorist, and senior fellow at Stanford University's Hoover Institution.