Tag Archives: Limit

First Principles: Heavy Taxation Reduces Consumption Which In Turn Reduces Revenue

“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

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Thought For the Day: There Are No Limits To What Can Be Done Where Credit For It Doesn’t Matter

“There is no limit to what a man can do or where he can go if he doesn’t mind who gets the credit.” – Ronald Reagan      

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