Sir, there are three principles, greater than all others, on which, in my opinion, all good finance should be based. The first of them is that there should always be a certainty that whatever the charge may be it can be paid. That, I believe, is of vital importance. The second is that, in times of peace and prosperity, the people of the country should reduce their Debt; and the third point is that they should reduce their Expenditure.
William Ewart GladstoneRelated topics
believe certainty charge country debt good opinion pay peace point prosperity second should third three times vital whatever othersRelated quotes
Moral certainty is always a sign of cultural inferiority. The more uncivilized the man, the surer he is that he knows precisely what is right and what is wrong. All human progress, even in morals, has been the work of men who have doubted the current moral values, not of men who have whooped them up and tried to enforce them. The truly civilized man is always skeptical and tolerant, in this field as in all others. His culture is based on "I am not too sure."
H. L. Mencken
all our moves are based on four general principles: continued use of the rifle, no waiving of historical rights, no peace, and no negotiations... Whatever form of government is established in the territory when the shadow of occupation passes away, whenever I address my fighters and revolutionaries, I shall say: ‘Let our rifles be aimed at the beloved land, the land of the homeland, the land of Palestine.
Yasser Arafat
To make everything yield to custom would be to do the greatest injustice. Were the judgments of mankind correct, custom would be regulated by the good. But it is often far otherwise in point of fact; for, whatever the many are seen to do, forthwith obtains the force of custom. But human affairs have scarcely ever been so happily constituted as that the better course pleased the greater number. Hence the private vices of the multitude have generally resulted in public error.
John Calvin
Whatever expenditure is sanctioned-even when it is sanctioned against the ministry's wish-the ministry must find the money. Accordingly, they have the strongest motive to oppose extra outlay.... The ministry is (so to speak) the breadwinner of the political family, and has to meet the cost of philanthropy and glory; just as the head of a family has to pay for the charities of his wife and the toilette of his daughters.
Walter Bagehot
As to the Income Tax, my opinion is that the needful revenue would be fairly and most fairly raised if paid by property, and by individuals in proportion to their property...A Property Tax should be an assessment upon all land and buildings, and canals and railroads, but not on property such as machinery, stock in trade, etc. The aristocracy have squeezed all they can out of the mass of the consumers, and now they lay their daring hands on those not wholly impoverished.
John Bright