21/09/2026
Bruno Schoenlank on the principles of Social Democracy: taxation and a wealth tax
'How should public expenditure be funded? Clearly, everyone must contribute according to their ability to pay. The guiding principle must be: from each according to their ability to pay, ie their wealth.
In reality, the tax burden is distributed unevenly, such that the economically weak are hit far harder than the wealthy. This is a consequence of class rule, which has made the propertyless the object of exploitation even in the realm of fiscal policy.
Capital, in its various forms, knows how to shift the contributions imposed on it in the realm of public spending —directly or indirectly — onto others. And it is always the workers who end up footing the bill. Leaving aside indirect taxation for a moment, the wide variety of other taxes (property tax, building tax, business tax, etc.) is incapable of taxing either those liable at all or in accordance with their ability to pay. The tax is passed on.'