A Quote by John James Cowperthwaite

I would suggest to my honourable Friend that the foreign investor is at least as discouraged by high national debt for that, as all example shows, is the surest precursor of high taxation.
You talk to any of the job creators, and they'll tell you one of the things that concerns them the most is the debt. And so high levels of indebtedness are going to lead to high levels of taxation, which lead to high level of unemployment.
You're my friend, Danny. You understand? There's no debt between friends." Maybe it's just that the debt gets so high you stop counting it.
I would vote against raising the national debt ceiling. Again, this is about mortgaging the future of unborn generations of Americans. It's a form of taxation without representation. I don't think we can do that.
The amount of U.S. debt held by countries such as China and Japan is at a historic high, with foreign investors holding half of America's publicly held debt. This dependence raises the specter that other nations will be able to influence our policies in ways antithetical to American interests.
For highly indebted governments, low interest rates are critical to keep debt levels sustainable and ease pressure to restructure debt and recapitalize banks. The shift to a high sovereign-debt-yield equilibrium would make it impossible to achieve fiscal balance.
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business.
Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high
Qualified software engineers, managers, marketers and salespeople in Silicon Valley can rack up dozens of high-paying, high-upside job offers any time they want, while national unemployment and underemployment is sky high.
There's high, and then there's high, and to get really high--I mean so high that you can walk on the water, that high--that's where I'm goin'
I loved the whole idea, first of all, of what friendship is. Very often, there are people that somehow you don't know how to declare that you are their friend, but you are their friend. That happens in a lot in high school. And outside of high school.
One lesson is that if you want to predict voter turnout, you should ask whether at least one candidate is attracting high levels of enthusiasm - not whether the stakes are high, or even perceived to be high. That fits the historical pattern.
Junior high is so much worse than high school because at least in high school different is more accepted, celebrated actually: all the girls with blue hair and gothic Hello Kitty backpacks.
There's high, and there's high, and to get really high - I mean so high that you can walk on the water, that high-that's where I'm going.
Nor should the argument seem strange that taxation may be so high as to defeat its object, and that, given sufficient time to gather the fruits, a reduction of taxation will run a better chance than an increase of balancing the budget.
Our domestic problems are for the most part economic. We have our enormous debt to pay, and we are paying it. We have the high cost of government to diminish, and we are diminishing it. We have a heavy burden of taxation to reduce, and we are reducing it. But while remarkable progress has been made in these directions, the work is yet far from accomplished.
Nothing is so well calculated to produce a death-like torpor in the country as an extended system of taxation and a great national debt.
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