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Tag Archives: Moderate Bounds
First Principles: If Duties Are Too High, They Lessen Consumption… This Forms A Complete Barrier Against Any Material Oppression of the Citizens By Taxes of This Class
“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
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Tagged Alexander Hamilton, Citizens, Class, Colection, Complete Barrier, Consumption, Duties, First Principles, Impose, Material Oppression, Moderate Bounds, Natural Limitation, Power, Product, Taxes, Treasury
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