Democratizing the fiscal constitution

In the first Peruvian Constitutions, citizenship was limited to specific individuals. Wealth and education were requirements for voting and being elected. The elites justified these requirements with a paternalistic view: that most people were “not ready” to make decisions themselves.
Currently, the Peruvian Constitution establishes a fiscal constitutional framework that very strongly limits the state's power to tax and distribute wealth. It not only forbids certain kinds of taxes but concentrates the power to tax in the central government and specifically prohibits referendums on tax matters.
In this article, I argue that the paternalistic arguments used 200 years ago to restrict voting rights are extraordinarily similar to the arguments used nowadays to limit the power to tax in the current fiscal constitutional framework. I sustain that these arguments are incompatible with even very limited versions of democracy.