“If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds.” – Alexander Hamilton (1787)
Flickr Photos
First Principles: Moderate Taxes Produce Greater Revenue Than Excessive Taxation
This entry was posted in First Principles and tagged Alexander Hamilton, Collection, Consumption, Customs, Duties, First Principles, Moderation, Revenue, Taxes, Treasury. Bookmark the permalink.
