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A Thought about Taxation

"If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them."

~ Alexander Hamilton, Federalist No. 21

Source: Founders Quote Database, The Patriot Post.


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