Tag Archives: Revenue

First Principles: The Most Productive Finance System Will Always Be The Least Burdensome

“There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least … Continue reading

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First Principles: Excessive Taxation Brings the Ruin of A Nation

“There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least … Continue reading

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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

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