On the record
In truth taxation is so painful that in a sensitive community which has strong organs of expression and action, the maintenance of a great surplus is excessively difficult.
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Walter Bagehot
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gutenberg.orgWalter Bagehot: “In truth taxation is so painful that in a sensitive community which has strong organs of expression and action, the…”
Editor's note · Context
Bagehot discusses the challenges of maintaining a surplus in a community that is sensitive to taxation.
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More from Walter Bagehot
I own that I do not entirely sympathise with the horror of these anomalies which haunts some of our best critics.
These anomalies, in a hundred instances, mark the old boundaries of a constitutional struggle.
At last it strikes you that they grew up, house by house, on the devious tracks of the old green lanes; and if you follow on to the existing fields, you may often find the change half complete.
It is natural that those who by special and admirable culture have come to look at all things upon the artistic side, should start back from these queer peculiarities.
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