Had no idea what “anchor putting” was until I looked it up just now. Funny how Toles still uses a caricature of the wealthy that is more suitable to 1913 than to 2013. Still there is a point here. Money is power, soft power rather than hard power, but power nevertheless. The concentration of that power in fewer and fewer hands is antithetical to American ideals and principles. Both equality and, in the end, liberty are undermined. Thomas Jefferson to James Madison, October 18, 1785: “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 … [ One ] 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.”
Had no idea what “anchor putting” was until I looked it up just now. Funny how Toles still uses a caricature of the wealthy that is more suitable to 1913 than to 2013. Still there is a point here. Money is power, soft power rather than hard power, but power nevertheless. The concentration of that power in fewer and fewer hands is antithetical to American ideals and principles. Both equality and, in the end, liberty are undermined. Thomas Jefferson to James Madison, October 18, 1785: “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 … [ One ] 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.”