Ron Chernow Quote

To those who feared oppressive taxes, Hamilton made an argument that anticipated supply-side economics of the late twentieth century, saying that officials can have no temptation to abuse this power, because the motive of revenue will check its own extremes. Experience has shown that moderate duties are more productive than high ones.10

Ron Chernow

To those who feared oppressive taxes, Hamilton made an argument that anticipated supply-side economics of the late twentieth century, saying that officials can have no temptation to abuse this power, because the motive of revenue will check its own extremes. Experience has shown that moderate duties are more productive than high ones.10

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