Tag Archives: Treasury

Thought For the Day: The Budget Should Be Balanced, the Treasury Should Be Refilled, Public Debt Should Be Reduced… Lest Rome Become Bankrupt

“The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again … Continue reading

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Self Rule Rises

Continuing in a series on American history: Self Rule Rises by Michael Doyle From the High Middle Ages, society had a transformation As Calvin and Luther led the church’s reformation In a faithful take befitting the Bible’s explanation Making these … Continue reading

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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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