Contrary To Age-old Prejudices, The Wealth Of

The Larger The Percentage Of The National Income Taken By Taxes The Greater The Deterrent To Private Production And Employment. When The Total Tax Burden Grows Beyond A Bearable Size, The Problem Of Devising Taxes That Will Not Discourage And Disrupt Production Becomes Insoluble.

What Is Put Into The Hands Of B Cannot Be Put Into The Hands Of A.

Give Me The Clear Blue Sky Above My Head, And The Green Turf Beneath My Feet, A Winding Road Before Me, And A Three Hours' March To Dinner - And Then To Thinking!

A Certain Amount Of Taxes Is Of Course Indispensable To Carry On Essential Government Functions. Reasonable Taxes For This Purpose Need Not Hurt Production Much.

Prolonged Inflation Never 'stimulates' The Economy. On The Contrary, It Unbalances, Disrupts, And Misdirects Production And Employment.