Friday, August 27, 2010

from the minds of greatness, an on going list of wisdom and insight

Tax reduction thus sets off a process that can bring gains for everyone, gains won by marshalling resources that would otherwise stand idle—workers without jobs and farm and factory capacity without markets. Yet many taxpayers seemed prepared to deny the nation the fruits of tax reduction because they question the financial soundness of reducing taxes when the federal budget is already in deficit. Let me make clear why, in today's economy, fiscal prudence and responsibility call for tax reduction even if it temporarily enlarged the federal deficit—why reducing taxes is the best way open to us to increase revenues.


—President John F. Kennedy,
Economic Report of the President,
January 1963




 
“I work for nothing but my own profit—which I make by selling a product they need to men who are willing and able to buy it. . . . we deal as equals by mutual consent to mutual advantage and I am proud of every penny I have earned in this manner.”
 
Hank Reardon (speaking for Ayn Rand)
 
 
 
 
"Would it not be better to simplify the system of taxation rather than to spread it over such a variety of subjects and pass through so many new hands."


--Thomas Jefferson



"They are not to do anything they please to provide for the general welfare, but only to lay taxes for that purpose. To consider the latter phrase not as describing the purpose of the first, but as giving a distinct and independent power to do any act they please which may be good for the Union, would render all the preceding and subsequent enumerations of power completely useless. It would reduce the whole instrument to a single phrase, that of instituting a Congress with power to do whatever would be for the good of the United States; and as they would be the sole judges of the good or evil, it would be also a power to do whatever evil they please.... Certainly no such universal power was meant to be given them. It was intended to lace them up straightly within the enumerated powers and those without which, as means, these powers could not be carried into effect."

--Thomas Jefferson, Opinion on National Bank, 1791



"Do not blame Caesar, blame the people of Rome who have so enthusiastically acclaimed and adored him and rejoiced in their loss of freedom and danced in his path and gave him triumphal processions. ... Blame the people who hail him when he speaks in the Forum of the 'new, wonderful good society' which shall now be Rome's, interpreted to mean 'more money, more ease, more security, more living fatly at the expense of the industrious.'"

--Roman statesman Marcus Tullius Cicero (106-43 B.C.)

No comments:

Post a Comment