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Tag Archives: Economy
First Principles: Excessive Taxes Reduce Consumption Which Reduces Taxes
“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. This forms a complete barrier against any … Continue reading
Posted in First Principles
Tagged Alexander Hamilton, Collection, Constitution, Economy, Growth, Increased Revenue, John F Kennedy, Moderation, Reduced Consumption, Revenue, Rising Tide, Tax
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First Principles: Public Debt Is the Biggest Danger To Our Republic
“I … place economy among the first and most important of republican virtues, and public debt as the greatest of the dangers to be feared. … Taxation follows that, and in its turn wretchedness and oppression.” — Thomas Jefferson, in … Continue reading
Posted in First Principles
Tagged Danger, Economy, First Principles, Oppression, Public Debt, Republic, Taxation, Thomas Jefferson, Virtue
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First Principles: Perpetual Public Debt Brings Servitude of the People
“I place economy among the first and important virtues, and public debt as the greatest of dangers. To preserve our independence, we must not let our rulers load us with perpetual debt. We must make our choice between economy and … Continue reading
Posted in First Principles
Tagged Economy, First Principles, Independence, Perpetual, Public Debt, Servitude, Thomas Jefferson
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ALOHA PROMISES FOREVER 