I don't think you know what "liberal" means. More precisely, I don't think you understand how the definition of "liberal" has changed over time. Classical liberalism, i.e. Jeffersonian liberalism, is closest to modern day libertarianism and (dare I say?) Tea Party conservatism. Go read F.A. Hayek's "Why I Am Not a Conservative" and it'll explain things better than I have the patience to attempt. If you think Jeffersonian liberalism has anything to do with modern-day liberalism, then we don't even have a starting point at which to being a conversation.
When Hayek says "socialist," he's referring to modern-day liberalism.
When Hayek says "conservative," he's referring to Rick Santorum "establishment" GOP types.
When Hayek says "liberal," he's referring to modern-day libertarian conservatism.
http://www.cato.org/sites/cato.org/files/articles/hayek-why-i-am-not-conservative.pdf
All of that aside, I was joking and do not believe BobD is a communist.
CATO was founded by the Kochs so excuse me if I don't believe that stuff.
Did you know Jefferson and James wanted an 11th amendment in the Bill of Rights protecting Americans from monopolies?
The Boston Tea Party was a reaction not only to the sales tax put on tea but also because the East India Company was given biggest corporate tax break maybe in the history of the world.
The Classically Liberal Argument for Higher Taxes on the Rich - Josh Dowlut - Seeking Alpha
Thomas Jefferson was also far more anti-aristocracy and pro-progressive taxes than any modern Tea Partier would ever let on. While Jefferson shared Smith’s inequality and fairness concerns, Jefferson’s main reason was to guard against the rise of a permanent ruling class that could challenge or control the government. Smith had a similar concern and explicitly cautioned against electing the Mitt Romney and Herman Cains of the world. The Founding Fathers understood that liberty could be threatened by 3 distinct sources:
1. unlimited government
2. unlimited aristocracy, or
3. unlimited majority rule
Preserving liberty requires a nuanced balance of guarding against the ascendancy of all three. Unfortunately, modern pro-liberty types have lost sight of guarding against all but the government component. If it were that simple, eliminating all government would be the path to liberty, but there is not a constant, inverse relationship between the size of government, and the amount of individual liberty. Government, especially limited, self-government, is an artificial construct to guard against anarchy’s trend towards rule by force. Broadly speaking, we would probably be more free if there were less government relative to what we have now, but we would also probably be much less free were we to eliminate it all together. While granting government the power to crush aristocracy may be blasphemy to anti-government types, it should be supported by pro-liberty types who understand all of this. By focusing only on the government component, modern Tea Party types switch from being pro-liberty, to merely being anti-government, while simultaneously being pro-aristocracy.
Jefferson’s best outtakes on the subject:
"I hope that we crush ... in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and bid defiance to the laws of our country."
Challenge our government…kind of like being able to control the government through bailing out everyone who is too big to fail.
Bid defiance to the laws of our country…kind of like certain Fortune 100 companies paying zero corporate income tax on literally hundreds of millions, and sometimes billions of dollars of profit.
"Another means of silently lessening the inequality of property is to exempt all from taxation below a certain point, and to tax the higher portions of property in geometrical progression as they rise."
Jefferson on Politics & Government: Property Rights
"Whenever there is in any country uncultivated lands and unemployed poor, it is clear that the laws of property have been so far extended as to violate natural right." --Thomas Jefferson to James Madison, 1785. ME 19:18, Papers 8:682
"I am conscious that an equal division of property is impracticable. But the consequences of this enormous inequality producing so much misery to the bulk of mankind, legislators cannot invent too many devices for subdividing property, only taking care to let their subdivisions go hand in hand with the natural affections of the human mind." --Thomas Jefferson to James Madison, 1785. ME 19:17, Papers 8:682