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Tag Archives: Expenditures
First Principles: When Taxes Go So Far As To Entrench On the Subsistence of the People, These Become Burdensome and Oppressive
“Taxation to a certain point is not only proper but useful, because by stimulating the industry of individuals it increases the wealth of the Community. But when Taxes go so far as to intrench on the subsistence of the people … Continue reading
Posted in First Principles
Tagged Avoid, Burdensome, Community, Entrench, Expenditures, First Principles, Industry, Indviduals, Loans, Money, Oppressive, Point, Proper, Recourse, Robert Morris, Stimulate, Subsistence, Taxation, Taxes, The People, Ueful, Wealth
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First Principles: Public Money Should Only Be Spent On Well Explained Projects
“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.” – Thomas Jefferson (1808)
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Tagged Expenditures, Explanation, First Principles, Private, Projects, Prudence, Public, Spending, Taxation, Thomas Jefferson
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Thought For the Day: The Trade of Governance Is Monopolized By Ignorant Rascals
“The trade of governing has always been monopolized by the most ignorant and the most rascally individuals of mankind.” – Thomas Paine, philosopher and writer (9 Feb 1737-1809) Sorry, for the frankness of my summation. Given that we cannot keep … Continue reading
Posted in Thought For the Day
Tagged Debt, Expenditures, Governance, Ignorance, Politicians, Rascals, Ronald Reagan, Taxes, Thomas Paine, Thought For the Day
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First Principles: A Nation Should Use the Same Prudence In Finances As An Individual Would Use
“The same prudence which in private life would forbid our paying our own money for unexplained projects, forbids it in the dispensation of the public moneys.” —Thomas Jefferson (1808)
Posted in First Principles
Tagged Expenditures, Finance, First Principles, Government, Personal, Private, Projects, Prudence, Public, Thomas Jefferson
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First Principles: Expenditures Should Not Exceed Ability To Pay
“There is not a more important and fundamental principle in legislation, than that the ways and means ought always to face the public engagements, that our appropriations should ever go hand in hand with our promises. To say that the … Continue reading
Posted in First Principles
Tagged Ability To Pay, Appropriations, Budget, Expenditures, First Principles, James Madison, Ways and Means
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ALOHA PROMISES FOREVER 