Sunday, September 25, 2011

Wisdom From a More "Enlightened" Age

"There is no part of the administration of government that requires extensive information and a thorough knowledge of the principles of political economy, so much as the business of taxation. The man who understands those principles best will be least likely to resort to oppressive expedients, or sacrifice any particular class of citizens to the procurement of revenue." --Alexander Hamilton, Federalist No. 5,1788

How far we have fallen...

6 comments:

  1. The problem with our species is that those who are the most attracted to power are the least able to handle it.

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  2. Good observation, Gorges!

    Good quote, Les. I had not read that one. Here's one of my favorites from Abraham Lincoln:


    Let not him who is houseless pull down the house of another, but let him work diligently and build one for himself, thus by example assuring that his own shall be safe from violence when built.”

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  3. So, Les, are you saying that Hamilton wouldn't necessarily have been on board with wd's 77.65% top tax rate? LOL

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  4. Gorges = Your comment is both valid and true. Natural leaders, the ones who are most effective, are usually called to power because they have proven their competence by their deeds, not hollow words.

    Any particular Pol come to mind? ;)

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  5. Silverfidle - Abe's quote is without a doubt outstanding. I see why it's a favorite!

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