Originally shared by Ken Rutkowski

Originally shared by Ken Rutkowski

Reexamine Class Warfare
With talk of class warfare in the air, it’s perhaps useful for the sake of context to re-examine the 1929 platform of the Communist Party of Great Britain, titled “Class Against Class” and representing an avowedly class warfare approach to an economic crisis. Here’s what they had to say on tax policy:http://goo.gl/tJMx5

(1) Abolition of all indirect taxes.

(2) Exemption from all kinds of taxation for all wage-earners.

(3) Tax exemption for all working farmers.

(4) Graduated income tax starting with the incomes of £500 per annum, increasing gradually so that all personal incomes over £5,000 per year are confiscated.

(5) Abolition of the right of transfer and inheritance by confiscation of all individual fortunes over £1,000.

(6) Repudiation of the National Debt (special consideration to be given to the position of small investors, the Cooperatives, and trade unions).