On the record
A rate of taxation, per capita, equal to only one half that of 1866, will pay even our present interest, all present expenses, and the entire principal, in less than twenty years.
Source
gutenberg.orgCharles Sumner: “A rate of taxation, per capita, equal to only one half that of 1866, will pay even our present interest, all present…”
Editor's note · Context
Sumner argues that a reduced per capita tax rate can effectively manage the nation's financial obligations within two decades.
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