Day: January 20, 2012

Ideas whose time cameIdeas whose time came

Tetman Callis 5 Comments 7:47 am

“Out of unrestricted competition arise many wrongs that the State must redress and many abuses which it must check. It may become the duty of the State to reform its taxation, so that its burdens shall rest less heavily upon the lower classes; to repress monopolies of all sorts; to prevent and punish gambling; to regulate or control the railroads and telegraphs; to limit the ownership of land; to modify the laws of inheritance; and possibly to levy a progressive income-tax, so that the enormous fortunes should bear more rather than less than their share of the public burdens.” — Washington Gladden (quoted in The Cambridge History of English and American Literature, Vol. XVII, Ch. XVI, Sec. 12)