Friday, December 24, 2010
Calvin Coolidge Comments on the Negative Effects of Taxes on the Economy
"Another and most important consideration, a fact that cannot be controverted, is that taxes have to be paid by the public. They cannot be imposed on any class. There is no power that can prevent a distribution of the burden. The landlord may be the one who sends a check to the public treasury, but his tenants nevertheless make the payment. A great manufacturer may contribute a large share to his income, but still the money comes from the consumer. Taxes must and do fall on the people in whatever form or name they are laid. There is no other source rich enough or powerful enough to meet the public requirements. It is useless to delude ourselves, and fraudulent to attempt to delude others, with the claim that the public revenues are or can be derived from any source save the people them selves. Property cannot long be taxed. It can be confiscated. Ultimately it is always the user of property that is taxed. In Massachusetts the users of the property are the people. The taxes are paid by the people.
It is impossible to escape the conclusion that high taxes make high prices. So long as the cost of government is high the cost of living will be high. This is usually a source of misunderstanding and always a source of discontent. The duty that government now owes to the people is to reduce their burdens by paying off the obligations that came from the war rather than imposing additional burdens for the support of new projects. The Commonwealth needs a double portion of the civilizing influence of conservation and economy. Having met our war obligation to pay, let us meet our peace obligation to save.
The unsound social and economic theories which deluge the earth from time to time are not the progeny of stalwart men and women. Sound bodies do not breed unsound doctrines. Along with a vigorous training for physical development should go a teaching to think healthful thoughts. For after all it must be remembered that "as a man thinketh in his heart so is he."
By His Excellency, Governor Calvin Coolidge- from his Address to the Massachusetts General Court- January 8, 1920
By His Excellency, Governor Calvin Coolidge- from his Address to the Massachusetts General Court- January 8, 1920
Thursday, December 23, 2010
Calvin Coolidge Comments: "The best that is in man is not bought with a price."
"We need to change our standards; not of property but of thought. We need to stop trying to be better than some one else, and start doing something for some one else. If we put all the emphasis on our material prosperity, that prosperity will perish, and with it will perish our civilization. The best that is in man is not bought with a price. To offer money only is to appeal to his weakness not his strength. Man is more than of the earth. He will not find his satisfaction in things that are of the earth earthy. Employer and employed must find their satisfaction not in a money return, but in a service rendered; not in the quantity of goods, but the quality of character. Industry must be humanized not destroyed. It must be the instrument not of selfishness but of service. Change not the law but the attitude of the mind. Let our citizens look not to false prophets but to the Pilgrims; let them fix their eyes on Plymouth Rock as well as Beacon Hill. The supreme choice must be not the things that are seen but the things that are unseen."
By His Excellency Governor Calvin Coolidge- from his Address to the Massachusetts General Court- January 8, 1920
Saturday, December 11, 2010
Calvin Coolidge Comments: "The taxes of the Nation must be reduced now as much as prudence will permit, and expenditures must be reduced accordingly."
President Calvin Coolidge- first annual message- December 6, 1923
Friday, December 10, 2010
Christmas is not a time or season, but a state of mind.
"To the American People: Christmas is not a time nor a season but a state of mind. To cherish peace and good will, to be plenteous in mercy, is to have the real spirit of Christmas. If we think on these things, there will be born in us a Savior and over us will shine a star sending its gleam of hope to the world."
~ Calvin Coolidge - Presidential message (December 25, 1927).
~ Calvin Coolidge - Presidential message (December 25, 1927).
Subscribe to:
Comments (Atom)


