“What is the Source out of which Taxes are actually paid? The answer is, out of the gains of Exchanges of some sort. Gifts aside, and thefts which are out of the question, no man ever did, no man ever can, pay his taxes, except out of the gains of some sales which he has already made.”
Arthur Latham Perry, Principles of Political Economy (1891).
1 reply on “Arthur Latham Perry”
He never conceptualized that a fine for inactivity would be rebadged as a tax as in Obamacare.
Words have no meaning.