The proper reduction of taxation involves two other things: first, the reduction of the present annual interest on the national debt, thus affording immense relief; and, secondly, the spread or extension of the national debt over succeeding generations, for whom, as well as for ourselves, it was incurred.
Sumner outlines two key components necessary for effective tax reduction, including managing national debt.
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Sovereignty of, belongs to the people, XVI. 28.
Slave Power, necessity of political action against the, II. 207.
Consent of the governed necessary in forming new governments of, XII. 298.
The only Constitutional party and party of freedom, VII. 38.
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