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Tag Archives: Reduced Consumption
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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