ɪn mˈɑːnɪtˌɛɹi lˈɔː ænd tæksˈeɪʃən, ʃˈætʃtɚ bᵻlˈiːvz ðˌæɾə ɡɹˈædjuːˌeɪɾᵻd sˈɪstəm ʌv ˈɪŋkʌm tˈæksᵻz ɪz "fˈɛɹ ænd ɹˈiːzənəbəl" æz ðeɪ pɹəvˈaɪd vˈɛɹiəs nˈɛsᵻsɚɹi sˈɜːvɪsᵻz tuː "tˈeɪk kˈɛɹ ʌv" fˈɛloʊ sˈɪɾɪzənz.
In monetary law and taxation, Schachter believes that a graduated system of income taxes is "fair and reasonable" as they provide various necessary services to "take care of" fellow citizens.