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is 40% of the nation's income that is no longer available for people to spend.

If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences. Milton Friedman

is an evil; a necessary evil, but still an evil, and the fewer we have of them the better.

Taxes are an evil a necessary evil, but still an evil, and the fewer we have of them the better,' Churchill reportedly said in the House of Commons on February 12, 1906.

is an evil admissible only in order to avoid still greater evils.

[Mr. Madison] conceived taxes of all kinds to be evils in themselves, and that they were not otherwise admissible, than in order to avoid still greater evils. But of all the various kinds of taxes, he admitted the excise to be the most disagreeable... yet at the same time, he must say, that of the excise, that particular branch which related to ardent spirit was in itself the most proper... most likely to be productive, and least inconsistent with the spirit and disposition of the people of America. JAMES MADISON Speech in Congress, January 6, 1791

is an obligation of the most sacred character when the public exigencies require it, and an equally sacred honor to dispense of taxes when it may be done with perfect safety.

To impose taxes when the public exigencies require them is an obligation of the most sacred character. . . . To dispense with taxes when it may be done with perfect safety is equally the duty of their representatives. JAMES MONROE (1758-1831) First annual message to Congress, December 21, 1817

is based on the notion that whenever one tries to do good with someone else's money, one is committed to using force (in the form of the tax collector and policeman) to first take it from them.

Whenever you try to do good with someone else's money, you are committed to using force. How can you do good with somebody else's money, unless you first take it away from them' The only way you can take it away from them is the threat of force: you have a policeman, tax collector, who comes and takes it from them. Milton Friedman

is best pursued on the basis of the benefit principle... namely, those who benefit from a government service should pay for it.

The true principle of taxation is the benefit principle those who benefit from a government service should pay for it. It's also known as the 'user pay' principle. Every effort should be made to link the payment of taxes or fees to the cost associated with the government service. Mark Skousen

is capable of being pushed so high that it can defeat its object and result in decreased revenue.

taxation may be so high as to defeat its object,' that in the long run, a reduction of the tax rate 'will run a better chance, than an increase, of balancing the budget.'[ John Maynard Keynes 1933

is, for the bureaucracy, the source of life, of the army and the court, in short, for the whole apparatus of the executive power. Strong government and heavy taxes are identical.

Taxes are the source of life for the bureaucracy, the army and the court, in short, for the whole apparatus of the executive power. Strong government and heavy taxes are identical. Karl Marx

taxes, n.One-Liners

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