Revenue Allocation Quotes

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.

How do you hold down government spending?

To the senate belongs, in the first place, the sole care and management of the public money. For all returns that are brought into the treasury, as well as all the payments that are issued from it, are directed by their orders. Nor is it allowed to the quaestors to apply any part of the revenue to particular occasions as they arise, without a decree of the senate

The burden of the national debt consists not in its being so many millions, or so many hundred millions, but in the quantity of taxes collected every year to pay the interest. If this quantity continue the same, the burden of the national debt is the same to all intents and purposes, be the capital more or less.

The US needs a cap and trade system with auctioning of licenses for emissions rights. The revenues from these auctions can be used to launch a new, environmentally friendly energy policy. That would be yet another federal program that could help us to overcome the stagnation.

The crime of taxation is not in the taking it, it's in the way that it's spent.

Each citizen contributes to the revenues of the State a portion of his property in order that his tenure of the rest may be secure.

The budget caps were busted, mightily so. And we are reviewing with people like Judd Gregg from New Hampshire and others some budgetary reform measures that will reinstate - you know, possibly reinstate budgetary discipline. But the caps no longer - the caps, I guess they're there. But they didn't mean much.

A nation imports from a distance a manufactured commodity, which it is granted it could make as cheap, or cheaper, at home, were the manufacture introduced there. To introduce the manufacture is, however, too expensive a project to be carried into effect by any private individual. The whole society might do so, through the expenditure for a few years of a portion of its revenue, much less than what an equal number of years succeeding them will return to it in the diminished cost of the article.

In the Iowa senate, I helped pass the largest tax cut in state history - returning over four billion dollars in savings and putting more money back in the pockets of hard-working Iowa families.

Alexander Hamilton originated the put and take system in our national treasury: the taxpayers put it in, and the politicians take it out

In public administration there is no connection between revenue and expenditure.

A new report says that last year Colorado collected $44 million in marijuana taxes. Unfortunately, they can't remember where they put it.

We will never get anywhere with our finances till we pass a law saying...every time we appropriate something, we...pass another bill...stating where the money is coming from.

The budget should be balanced not by more taxes, but by reduction of follies.

Authorizers do a big dog and pony show, but when it comes to the top line, we have open warfare about what the top line will be …

But if you look at teams that want to share more revenues, they're teams that don't have a lot on the table. They've long since not had any serious investment in their team.

The big problem for a democratic government - democrat with a small "d" - is how to hold down government spending.

You shouldn't be paying massive wages when you've got a stadium that holds 18,000 people.

The whole action around a carbon pricing mechanism, or carbon tax, is what you do with the money. Both France and Washington state proposed solving climate on the backs of workers. And that's a bad strategy.

Taxes shouldn't be higher; they should be fairer. We must be a party that's disciplined. We must make tough choices.

The necessary connexion of representatives with taxes, seems to have sunk deep into many of those minds, that admit sounds, without their meaning.

Rulers of rentier states do not financially depend on taxation; therefore, the people cannot use taxation as leverage to make rulers accountable. In contrast, people in rentier states are dependent on governmental allocation of rentier revenue, which creates a patron–client relationship as well as a lack of independent political, economic, and civil society.

It will be well to advert to the proportion between the objects that will require a federal provision in respect to revenue; and those which will require a state provision. We shall discover that the former are altogether unlimited; and that the latter are circumscribed within very moderate bounds.

The love of spectacles was the taste, or rather passion, of the Syrians: the most skilful artists were procured form the adjacent cities; a considerable share of the revenue was devoted to the public amusements; and the magnificence of the games of the theatre and circus was considered as the happiness, and as the glory, of Antioch.