What do you think?
Rate this book


Audio
First published June 12, 2012
...and it was out of an ideological commitment to a kind of protomeritocratic vision of equality of opportunity that robber baron Andrew Carnegie, opponent of income and property taxes, argued for a steep and confiscatory tax on inheritance: 'As a rule, a self-made millionaire is not an extravagant man himself...But as far as sons and children, they are not so constituted. They have never known what it was to figure means to the end, to live frugal lives, or to do any useful work... And I say these men, when the time comes that they must die... I say the community fails in its duty, and our legislators fail in their duty, if they do not exact a tremendous share.'