Neal vs. the graduated income tax: “I don't want to take away from the makers or make them pay more because those are the folks technically that are reinvesting in businesses, providing employment opportunities for those people that are working their way up the career ladder.”
Abraham Lincoln would’ve likely disagreed: “Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
She walks it back, before doubling down:
Me: “You're calling them takers. These are people who work their way through life.”
Neal: “Takers because they are still needing assistance. So, maybe that's not the greatest terminology, but it rhymes with makers.”
Neal: “So, there are people that make opportunities for others as far as in their business. And normally the folks that are in the higher income brackets turn around and reinvest that money in new capital equipment, hiring more workers...”
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