Tag Archives: Taxes

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

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First Principles: Nothing Is Certain But Death and Taxes

“In this world nothing can be said to be certain, except death and taxes.” – Benjamin Franklin (1789)      

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First Principles: No Type of Property Is Secure Under Excessive or Inequitable Taxes

“A just security to property is not afforded by that government, under which unequal taxes oppress one species of property and reward another species.” – James Madison (1792)    

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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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First Principles: Moderate Taxes Produce Greater Revenue Than Excessive Taxation

“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.” – Alexander Hamilton (1787)       … Continue reading

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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

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First Principles: Avoiding Fraud, Waste and Abuse Is Paramount to Honest Government

“A rigid economy of the public contributions and absolute interdiction of all useless expenses will go far towards keeping the government honest and unoppressive.” — Thomas Jefferson (1823) We can always think of more things to spend money on right?  … Continue reading

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Thought For the Day: Excessive Taxation Is Little More Than Extortion

“When more of the people’s sustenance is exacted through the form of taxation than is necessary to meet the just obligations of government, such exaction becomes ruthless extortion and a violation of the fundamental principles of a free government.” –President … Continue reading

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First Principles: Congress Should Be Limited To Its Enumerated Powers

“If Congress can do whatever in their discretion can be done by money, and will promote the General Welfare, the Government is no longer a limited one, possessing enumerated powers, but an indefinite one, subject to particular exceptions.” —James Madison … Continue reading

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First Principles: The Unlimited Power To Tax Is the Power to Destroy

“An unlimited power to tax involves, necessarily, a power to destroy; because there is a limit beyond which no institution and no property can bear taxation.”  – John Marshall, in  McCullough v. Maryland, 1819 This landmark decision may be read … Continue reading

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