Friday, May 2, 2014

Calvin Coolidge Comments: "The collection of taxes which are not absolutely required, which do not beyond a reasonable doubt contribute to the public welfare, is only a species of legalized larceny."

"If extravagance were not reflected in taxation, and through taxation both directly and indirectly injuriously affecting the people, it would not be of so much consequence. The wisest and soundest method of solving our tax problem is through economy..... The collection of taxes which are not absolutely required, which do not beyond a reasonable doubt contribute to the public welfare, is only a species of legalized larceny. Under this Republic the rewards of industry belong to those who earn them. The only constitutional tax is the tax which ministers to public necessity.The property of the country belongs to the people of the country. Their title is absolute. They do not support any privileged class; they do not need to maintain great military forces; they ought not to be burdened with a great array of public employees. They are not required to make any contribution to Government expenditures except that which they voluntarily assess upon themselves through the action of their own representatives."

No comments:

Post a Comment