Marx based a lot of his theories on classical economics. Ibn Khaldun was arguably the founder of modern economic theory. One of his observations of late stage societies is that they are riddled with large government expenditure and high taxation stifling the economic activity of society.

https://qz.com/1008371/an-arab-thinker-invented-economic-the...

https://evonomics.com/amazing-north-african-scholar-beat-ada...

Ronald Reagan quoting Ibn Khaldun on his views on tax rates:

https://www.youtube.com/watch?v=KETIOgYu5uc