On the record
I take the expenditure of the capitalist, not the value of the capital, as my standard; because it is the standard upon which, amongst us, property, as an object of taxation, is rated.
Said by
Edmund Burke
Source
gutenberg.orgEdmund Burke: “I take the expenditure of the capitalist, not the value of the capital, as my standard; because it is the standard upon…”
Editor's note · Context
Burke argues that the expenditure of capitalists is a more relevant measure for taxation than the value of their capital.
Share
More from Edmund Burke
Jan 1, 1790
I would not exclude alteration neither; but even when I changed, it should be to preserve.
Jan 1, 1790
Not being illuminated with the light of which the gentlemen of France tell us they have got so abundant a share, they acted under a strong impression of the ignorance and fallibility of mankind.
Jan 1, 1790
But when the leaders choose to make themselves bidders at an auction of popularity, their talents, in the construction of the state, will be of no service.
Jan 1, 1790
Our people will find employment enough for a truly patriotic, free, and independent spirit, in guarding what they possess from violation.
Other voices in this conversation
