Wednesday, August 07, 2013

The Art of Taxation

The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least amount of hissing.
..said Jean-Baptise Colbert (1619-83), who, to quote Wikipedia, was "a French politician who served as the Minister of Finances of France from 1665 to 1683 under the rule of King Louis XIV". The quotation is from Murray N. Rothbard's The Austrian Perspective on the History of Economic Thought, Volume I (Economic Thought Before Adam Smith), page 246.
That being said, he was also an honest supporter of an all-embracing State, that could choke or support all forms of labour and industry as she liked.
I call him an honest Leftist. If only modern day leftists could state their attitudes as clearly as the power-crazy French politician (who receives undeserved praise in Wikipedia).

1 comment:

Anonymous said...

You have good articles here! If anyone here is looking for a loan @ 2% rate in return to buy a home or other financing needs, I want you to contact Mr Pedro On pedroloanss@gmail.com When I was introduced to Mr. Pedro at the market watch seminar, I was entering the market as a first time buyer. Naturally,my needs were a bit different and I had loads of questions. Before he sent me my pre-approval letter, he called to speak with me about what it meant and what could change. He made himself available to me at pretty much any hour via email and texts. He was very responsive and knowledgeable. He’s also very straightforward. I explained to him what my expectations were in terms of closing time and other particulars. He said he would meet those expectations but he surpassed them. I closed so quickly my realtor and the seller of course were excited about that. But as a buyer I appreciated being walked through the process of Mr Pedro loan offer. From pre-approval to closing- the journey was so seamless and I consider myself lucky because I’ve heard horror stories. I recommend him to anyone looking for a loan. Everything was handled electronically expediently and securely