A Quote by Ron Paul
Strictly speaking, it probably is not “necessary” for the federal government to tax anyone directly; it could simply print the money it needs. However, that would be too bold a stroke, for it would then be obvious to all what kind of counterfeiting operation the government is running. The present system combining taxation and inflation is akin to watering the milk; too much water and the people catch on.
Quote Topics
Quote Author
Related Quotes
The federal government has taken too much tax money from the people, too much authority from the states, and too much liberty with the Constitution.
Government is not a solution to our problem, government is the problem. ... Government does not solve problems; it subsidizes them. Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. If it stops moving, subsidize it. ... The problem is not that people are taxed too little, the problem is that government spends too much.
When government gets too big, freedom is lost. Government is supposed to be the servant. But when a government can tax the people with no limit or restraint on what the government can take, then the government has become the master.
It is not wise for us to permit a few people on the Federal Reserve Board to have life and death power over our economy. My recommendation for reducing some of that power is to repeal legal tender laws and eliminate all taxes on gold, silver and platinum transactions. That way there would be money substitutes and the government money monopoly would be reduced and hence the ability to tax - some people would say steal from - us through inflation.
We have become bound by a political straitjacket that frames every debate: Too much federal government. Yet our forefathers forged this system for us. The federal government can accomplish what the states, acting alone or even in concert, cannot.
Never forget that no government has wealth of its own to spend. The money has to come from taxation, monetary inflation, or debt expansion that must be paid later. And government's spending choices will always be uneconomic relative to how society would use that wealth. That is to say, the money will be wasted.
There's a price you pay for drinking too much, for eating too much sugar, smoking too much marijuana, using too much cocaine, or even drinking too much water. All those things can mess you up, especially, drinking too much L.A. water ... or Love Canal for that matter. But, if people had a better idea of what moderation is really all about, then some of these problems would ... If you use too much of something, your body's just gonna go the "Huh? ... Duh!"
There are rights that Hillary Clinton doesn't like. American people have too many rights. There's too much freedom. Government doesn't have enough rights, in her mind. Government's too limited. The Constitution limits the government way, way, way too much. "And I feel strongly that" - fake smile - "the Supreme Court needs to stand on the side of the American people." Not on the side of the powerful corporations and the wealthy.
We must move from revenue-neutral to revenue-reducing tax reform, because the federal government spends far too much money.
I think democracies are prone to inflation because politicians will naturally spend [excessively] - they have the power to print money and will use money to get votes. If you look at inflation under the Roman Empire, with absolute rulers, they had much greater inflation, so we don't set the record. It happens over the long-term under any form of government.
Strictly enforce the scale of "fixed responsibility." The first and foremost level of responsibility is with the individual himself; the second level is the family; then the church; next the community, finally the county, and, in a disaster or emergency, the state. Under no circumstances is the federal government to become involved in public welfare. The Founders felt it would corrupt the government and also the poor. No Constitutional authority exists for the federal government to participate in charity or welfare.
Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen house, has many reasons to be disingenuous. As the world's largest debtor, the Federal Government is inflation's primary beneficiary.
It's risky to allow radiation to constantly go up into the atmosphere. The main criticism of this approach of entombing it is that it would cost too much, involve too many resources and people. But think of the cost of having all the crops impounded by the government, all the milk being thrown into the river, people's livelihoods destroyed.
Bad as "independence" is, the main fault of the Federal Reserve System - an admirable system if conducted in the public interest - is that too much power and control rests in the hands of people whose private interests are directly affected by the Federal Reserves' actions.
The Founding Fathers realized that "the power to tax is the power to destroy," which is why they did not give the Federal government the power to impose an income tax. Needless to say, the Founders would be horrified to know that Americans today give more than a third of their income to the Federal government.
But ambitious encroachments of the federal government, on the authority of the State governments, would not excite the opposition of a single State, or of a few States only. They would be signals of general alarm . . . But what degree of madness could ever drive the federal government to such an extremity.
Related Authors
Alexander Hamilton Quotes
American
Politician
Benjamin Franklin Quotes
American
Politician
Bernie Sanders Quotes
American
Politician
David Brooks Quotes
American
Politician
Hillary Clinton Quotes
American
Politician
Jill Stein Quotes
American
Politician
John F. Kerry Quotes
American
Politician
John McCain Quotes
American
Politician
Marco Rubio Quotes
American
Politician
Mitt Romney Quotes
American
Politician
Narendra Modi Quotes
Indian
Politician
Newt Gingrich Quotes
American
Politician
Paul Ryan Quotes
American
Politician
Rand Paul Quotes
American
Politician
Rudy Giuliani Quotes
American
Politician
Ted Cruz Quotes
American
Politician