I presume I hardly need enter into an argument to prove to you, that our old revenue system, ..... could not longer continue to answer the purpose of it’s creation. That proposition is little less than self-evident. The only question is as to sustaining the change before the people. I believe it can be sustained, because it does not increase the tax upon the “many poor” but upon the “wealthy few” by taxing the land that is worth $50 or $100 an acre, in proportion to its value, instead of, as heretofore, no more than that which was worth but $5 per acre. This valuable land, as is well known, belongs, not to the poor, but to the wealthy citizen.
On the other hand, the wealthy can not justly complain, because the change is equitable within itself, and also a sine qua non to a compliance with the Constitution. If, however, the wealthy should, regardless of the justness of the complaint, as men often are, when interest is involved in the question, complain of the change, it is still to be remembered, that they are not sufficiently numerous to carry the elections.
Abraham Lincoln, letter to William S. Wait, March 2, 1839
There aren’t enough wealthy to carry the elections. If only they didn’t get so much help.