The graduated [income] tax is a confiscatory tax. Its effect, and to a large extent its aim, is to bring down all men to a common level. Many of the leading proponents of the graduated tax frankly admit that their purpose is to redistribute the nation's wealth. Their aim is an egalitarian society—an objective that does violence both to the charter of the Republic and [to] the laws of Nature. We are all equal in the eyes of God but we are equal in no other respect. Artificial devices for enforcing equality among unequal men must be rejected if we would restore that charter and honor those laws.
(Barry M. Goldwater, The Conscience of a Conservative, ed. CC Goldwater, The James Madison Library in American Politics, ed. Sean Wilentz [Princeton: Princeton University Press, 2007 (first published in 1960)], 57 [italics in original])
Note from KBJ: The word "confiscate" means "take or seize (someone's property) with authority." Every tax, from the lowly sales tax to the gasoline tax to the cigarette tax to the estate tax to the property tax to the income tax, is by definition confiscatory in that sense, so what is Goldwater's point in saying that the graduated (i.e., progressive) income tax is confiscatory? He must mean something stronger, namely, completely taken away. But this is absurd. We have had a progressive ("graduated") income tax for generations, and income inequality is at an all-time high. Nobody's income or wealth is being confiscated by the income tax, if by "confiscated" Goldwater means completely taken away. Only in the fevered minds of libertarians (such as Goldwater) is a progressive income tax designed to "bring down all men to a common level." And what's wrong with redistributing wealth? Every law and every public policy redistributes wealth. The question is not whether to redistribute wealth; it's how to do so. Either we redistribute wealth honestly and intelligently or we do so with our heads in the sand. By the way, conservatives, as such, are not opposed to progressive income taxation. Conservatives want people to have good lives, and that may require progressive income taxation. Those who have more than they need (especially those who have not worked for it) are and should be required to provide for those who, through no fault of their own, have less than they need.
