Re: [OPE] Mastering Marxian Economics

From: Philip Dunn (
Date: Sat Jul 26 2008 - 20:33:33 EDT

Well, is the income tax etc paid by workers a deduction from surplus
value. Do the capitalist ultimately have to cough up?

On Sat, 2008-07-26 at 16:55 -0400, quoted the SPGB:
> Taxes not a burden on the working class 
> Before the First World War, the Socialist Party had to spend much time
> arguing that it followed from the labour theory of value that taxes
> were not a burden on the working class but on the surplus value
> already extracted from them by the capitalist class. 
> When workers leave their workplace they have already been exploited
> for everything over and above the value of their labour power; nothing
> more can be extracted from them without reducing what they have to
> live on below the value of their labour power. Workers do sometimes
> physically pay taxes in the sense of handing over money from their
> wages to the tax-collecting authority. But to the extent that this
> becomes generalised it becomes part of the cost of production of
> labour power, so that wages are going to have to increase to
> compensate for it if the employers are to get the same quality labour
> power as before. Workers may pay taxes, but taxation does not fall on
> the working class as a class. In the end, it falls on surplus value.

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