It is a singular advantage of taxes on articles of consumption…




It is a singular advantage of taxes on articles of consumption…

It is a singular advantage of taxes on articles of consumption… --Alexander Hamilton

It is a singular advantage of taxes on articles of consumption that they contain in their own nature a security against excess. They prescribe their own limit, which cannot be exceeded without defeating the end purposed – that is, an extension of the revenue.

Alexander Hamilton

Year: 1787
Context: Federalist No. 21
Tags: consumption, limit, nature, revenue, security, taxes



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