Abolition Quote by Ludwig von Mises
“Suggestion of the Communist Manifesto was 'abolition of all right of inheritance.' Looking backward upon the past history of estate taxes, we have to realize that they more and more have approached the goal set by Marx. Estate taxes of the height they have already attained for the upper brackets are no longer to be qualified as taxes. They are measures of expropriation.”
About This Quote
Source Book: Human Action, Ludwig von Mises, 1949
Marx’s call to abolish inheritance evolved into modern estate taxes that act as expropriation rather than simple revenue tools.
In simple terms: Estate taxes now resemble confiscation.
Key Takeaway
Recognize and challenge excessive wealth redistribution.
Themes
economics
politics
taxation
property rights
marxism
Mood
critical
analytical
Type
political
economic
philosophical
When to use this quote
- policy debate
- tax reform
- wealth planning
- political activism
Key Concepts
expropriation
inheritance
state power
wealth redistribution
Questions to Reflect On
- How do you balance wealth preservation with societal equity?
- What alternatives exist to address wealth concentration?
A Different Perspective
Critics argue that estate taxes fund public services and reduce inequality.
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