To assume that ordinary citizens can compete successfully with people of wealth and with corporations, as our government presently tends to do, is simply to abandon the ordinary citizens. Restraint by taxation is the smallest, most obivous, simplest, and cheapest answer. This is not my idea. Writing to Reverend James Madison on October 28, 1785, Jefferson spoke of the desirability of freehold tenure of property. And then he said:
“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 of property in geometric progression as they rise. The earth is given as common stock for man to labor and live on. If for the encouragement of industry [he means, of course, mainly agriculture] we allow it to be appropriated, we must take care that employment be provided to those excluded from the appropriation. If we do not, the fundamental right to labor the earth returns to the unemployed…it is not too soon to provide by every possible means that as few as possible shall be without a little portion of land. The small landholders are the most precious part of a state…”
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