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Thought for the Day

 “Whatever amount is taken from the community in the form of taxes, if not lost, goes to them in the shape of expenditures or disbursements. The two--disbursements and taxation--constitute the fiscal action of the government. Such being the case, it must necessarily follow that some one portion of the community must pay in taxes more than it receives back in disbursements, while another receives in disbursements more than it pays in taxes. It is, then, manifest, taking the whole process together, that taxes must be, in effect, bounties to that portion of the community which receives more in disbursements than it pays in taxes, while to the other which pays in taxes more than it receives in disbursements they are taxes in reality - burdens instead of bounties. This consequence is unavoidable. It results from the nature of the process, be the taxes ever so equally laid. . . . The necessary result, then, of the unequal fiscal action of the government is to divide the community into two great classed: one consisting of those who, in reality, pay the taxes and, of course, bear exclusively the burden of supporting the government; and the other, of those who are recipients of their proceeds through disbursements, and who are, in fact, supported by the government; or in fewer words, to divide it into tax-payers and tax-consumers.”

    ~ John C. Calhoun, 7th Vice President of the United States and U.S. Senator

HTs On Power.org, American Thinker


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