Political Quotes

Lysander Spooner: “Its whole purpose is--not to raise revenue--but solely to establish a monopoly of money, by prohibiting the issue of all…”

On the record
Its whole purpose is--not to raise revenue--but solely to establish a monopoly of money, by prohibiting the issue of all notes intended for circulation as money, except those issued, or specially licensed, by the government itself.
Said by
Lysander Spooner

Editor's note · Context

Spooner explains that the purpose of certain taxes is to maintain government control over money rather than to generate revenue.

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