British experts justified cutting wealthy taxes by invoking a natural propensity to save

Evidence

With the same goal of rewarding the saver/investors, experts conceived of ways to lower taxation for the wealthy classes. Here again the rationale was simple: since the wealthy classes have a natural propensity to save, high direct taxation on these classes would check savings and discourage investment. — Clara E. Mattei, The Capital Order, 923

Categorization

• XREF: The ‘natural propensity to save’ rationale is the same supply-side logic recycled in modern tax-cut arguments; connects to the reader’s broader austerity-as-class-weapon project. — connects to: British experts knowingly framed class-targeted austerity pain as unavoidable natural law. — Clara E. Mattei, The Capital Order: How Economists…, 1030; Pure economists recast capital as private saving rather than extracted unpaid labor — Clara E. Mattei, Escape from Capitalism: An Intervention, 225

Broader Connections

• British experts knowingly framed class-targeted austerity pain as unavoidable natural law. #expands (0.85) — Clara E. Mattei, The Capital Order, 1030
• Pure economists recast capital as private saving rather than extracted unpaid labor #complicates (0.80) — Clara E. Mattei, Escape from Capitalism, 225