When Oliver Wendell Holmes said 'taxation is the price of civilization' during a period when the income tax was 1%, the scale of acceptable taxation has since grown enormously, raising questions about how much redistribution modern democracies can sustain.
factualpending
Speaker
Fared ZakariaEvidence Quote
“when Oliver Wendel Holmes said that the income tax was 1%. So we've come a long way.”
Source
Navigating Our Revolutionary Age: A Conversation with Fareed Zakaria and Eric Schmidt— Columbia SIPACreated: 8/12/2026, 10:34:37 PM
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