Tuesday, 01 November 2005

Hamilton favors a national sales tax

“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, Federalist No. 21

(Of course, any talk of instituting a national sales tax has to go hand-in-hand with repealing the Sixteenth Amendment, and the end of the income tax.)

posted on November 1, 2005 12:58 PM




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