Lenin: Capitalism’s ruin is taxation
It would seem foolhardy that our political leaders here and around the world see more taxes upon more taxes as a way to get us out of the financial chaos that spending beyond our means has created.
Excessive taxation is regressive as it is money that does not get into the marketplace, which in turn spurs job creation.
Lenin, the father of communism, had this to say about taxation in general: “The easiest way to destroy capitalism is to tax it out of existence.”
Walter Santi
Bloomingdale
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