No government can exist without taxation.... This money must of necessity be levied on the people; and the grand art consists in levying so as not to oppress.
We're very focused in on outcomes for government with respect to the amount of tax that goes in and the amount of expenditures that go out.
The sales tax is the best and most equitable tax. The gasoline tax, which is nothing but a sales tax, has proven painless, productive and punitive. Everything we buy should have its equal proportion of tax, outside of cheap food and cheap clothes.
Peace is the best time for improvement and preparation of every kind; it is in peace that our commerce flourishes most, that taxes are most easily paid, and that the revenue is most productive.
Sometimes 'sin' taxes are useful not because of their perceived health benefits but because they are effectively a form of voluntary taxation which tends to arouse less irritation than other taxes.
Tax credits instead of a huge bureaucracy. This is the question for me.
I do want the tax system to be efficient and be conducive to growth, which it is not.
