A Compilation of the Messages and Papers of the Presidents. Volume 1, part 3: Thomas Jefferson
History
A Compilation of the Messages and Papers of the Presidents. Volume 1, part 3: Thomas Jefferson
Jefferson, Thomas, 1743-1826; Presidents -- United States; United States -- History -- Sources; United States -- Politics and government
Other circumstances, combined with the increase of numbers, have
produced an augmentation of revenue arising from consumption in a ratio
far beyond that of population alone; and though the changes in foreign
relations now taking place so desirably for the whole world may for a
season affect this branch of revenue, yet weighing all probabilities of
expense as well as of income, there is reasonable ground of confidence
that we may now safely dispense with all the internal taxes,
comprehending excise, stamps, auctions, licenses, carriages, and refined
sugars, to which the postage on newspapers may be added to facilitate
the progress of information, and that the remaining sources of revenue
will be sufficient to provide for the support of Government, to pay the
interest of the public debts, and to discharge the principals within
shorter periods than the laws or the general expectation had
contemplated. War, indeed, and untoward events may change this prospect
of things and call for expenses which the imposts could not meet; but
sound principles will not justify our taxing the industry of our
fellow-citizens to accumulate treasure for wars to happen we know not
when, and which might not, perhaps, happen but from the temptations
offered by that treasure.
These views, however, of reducing our burthens are formed on the
expectation that a sensible and at the same time a salutary reduction
may take place in our habitual expenditures. For this purpose those of
the civil Government, the Army, and Navy will need revisal.
Public-domain text, read in full here on John Shaqi.
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