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