February 11, 2019
Our First Socialist

From These Truths, by Jill Lepore:

Before the Civil War, however, the federal government raised revenue and regulated commerce almost exclusively through tariffs … tariffs appeared to place the burden of taxation on merchants, which appealed to Jefferson. “We are are all the more reconciled to the tax on importations,” Jefferson explained, “because it falls exclusively on the rich.” The promise of America, Jefferson thought, was that “the farmer will see his government supported, his children educated, and the face of his country made a paradise by the contributions of the rich alone.”
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Posted by Jerome Doolittle at February 11, 2019 12:21 PM
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