Alexander Hamilton Quote

If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are confined within proper and moderate bounds. This forms a complete barrier against any material oppression of the citizens by taxes of this class, and is itself a natural limitation of the power of imposing them.


The Works of Alexander Hamilton: Comprising His Most Important Official Reports (ed. 1810)


If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are...

If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are...

If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are...

If duties are too high, they lessen the consumption; the collection is eluded; and the product to the treasury is not so great as when they are...