A Quote by Benjamin Franklin
Tis against some mens principle to pay interest, and seems against others interest to pay the principle.
Related Quotes
It is not my interest to pay the principal, nor my principle to pay the interest.
Never take a loan against your retirement! When you pay interest against your retirement, you cost yourself interest.
The worst loophole is what Donald Trump has talked about: the tax deductibility of interest. If you let real estate owners or corporate raiders borrow the money to buy a property or company, and then pay interest to the bondholders, you'll load the company you take over with debt. But you don't have to pay taxes on the profits that you pay out in this way. You can deduct the interest from your tax liability.
The true principle of taxation is the benefit principle - those who benefit from a government service should pay for it. It's also known as the 'user pay' principle. Every effort should be made to link the payment of taxes or fees to the cost associated with the government service.
The Universe operates on a basic principle of economics: everything has its
cost. We pay to create our future, we pay for the mistakes of the past. We
pay for every change we make . . . and we pay just as dearly if we refuse to
change.
By rejecting the authority of the individual and replacing it by the numbers of some momentary mob, the parliamentary principle of majority rule sins against the basic aristocratic principle of Nature.
Here is my principle: Taxes shall be levied according to ability to pay. That is the only American principle.
You must place interest in principle above interest on principal.
As I see it, there are two great forces of human nature: self-interest, and caring for others. Capitalism harnesses self-interest in a helpful and sustainable way, but only on behalf of those who can pay. Government aid and philanthropy channel our caring for those who can't pay. But to provide rapid improvement for the poor we need a system that draws in innovators and businesses in a far better way than we do today.
The [National Socialist] Party...is convinced that our nation can achieve permanent health only from within on the basis of the principle: The common interest before self-interest.
I had opposed the Jet-Etihad FDI arrangement on the ground of the disproportionate share of airspace given to Etihad, which is against the interest of domestic passenger traffic and also against national interest.
Politicians pay more attention to interest groups than to the public interest.
A small knowledge of human nature will convince us, that, with far the greatest part of mankind, interest is the governing principle... Few men are capable of making a continual sacrifice of all views of private interest, or advantage, to the common good. It is vain to exclaim against the depravity of human nature on this account; the fact is so, the experience of every age and nation has proved it and we must in a great measure, change the constitution of man, before we can make it otherwise. No institution, not built on the presumptive truth of these maxims can succeed.
I think it is appropriate that we pay tribute to this great constitutional principle which is enshrined in the First Amendment of the Constitution: the principle of religious independence, of religious liberty, of religious freedom.
Each pursues his private interest and only his private interest; and thereby serves the private interests of all, the general interest, without willing it or knowing it. The real point is not that each individual's pursuit of his private interest promotes the totality of private interests, the general interest. One could just as well deduce from this abstract phrase that each individual reciprocally blocks the assertion of the others' interests, so that, instead of a general affirmation, this war of all against all produces a general negation.
But I think it is also important that we pay tribute and acknowledge another great principle, and that is the principle of religious conviction. Religious freedom has no significance unless it is accompanied by conviction.
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