Political Quotes

Ulysses S. Grant: “With the funding of the national debt, as here suggested, I feel safe in saying that taxes and the revenue from imports…”

On the record
With the funding of the national debt, as here suggested, I feel safe in saying that taxes and the revenue from imports may be reduced safely from sixty to eighty millions per annum at once, and may be still further reduced from year to year, as the resources of the country are developed.
Said by
Ulysses S. Grant
Republican · Ohio

Editor's note · Context

Grant expresses confidence that funding the national debt could lead to significant tax reductions.

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