Fiscal Authority Quotes

Give me the power to issue a nation’s money; then I do not care who makes the laws.

I care not who forms the government of a country, so long as I control the purse strings.

An unlimited power to tax involves, necessarily, the power to destroy.

We know the Constitution gives the purse strings to the House.

The power to tax involves the power to destroy;...the power to destroy may defeat and render useless the power to create.

I don't get why the government is the only one that gets to print money.

Let me tell you how it will be. There's one for you, nineteen for me. Cause I'm the taxman.

He who has his thumb on the purse has the power.

Money is power, and in that government which pays all the public officers of the states will all political power be substantially concentrated.

The Congress should not be creating money out of thin air, which is what Lincoln did when he created greenbacks. But it is a congressional responsibility to maintain gold and silver as a legal tender.

Only the State legally obtains its revenue by coercion.

The power to tax, once conceded, has no limits; it continues until it destroys.

As the old saying goes, 'money is power' and the more money the government takes, the more power it has over individuals.

The theory of the IRS is rather repugnant to me because the assumption is made that I, the government, owns 100% of your income and I permit you to keep 5%, 10% or 20%. You're vulnerable, you've sold out. The government can take 80% if they want, which they did at one time.

We've got the power of the purse in the Congress.

The idea of creating a national bank I do not concur in, because it seems now decided that Congress has not that power (although I sincerely wish they had it exclusively), and because I think there is already a vast redundancy rather than a scarcity of paper medium.

They are not to do anything they please to provide for the general welfare, but only to lay taxes for that purpose.

I don't want Congress setting monetary policy.

The power of creating new funds upon new objects of taxation, by its own authority, would enable the national government to borrow as far as its necessities might require.

While other individuals or institutions obtain their income by production of goods and services and by the peaceful and voluntary sale of these goods and services to others, the State obtains its revenue by the use of compulsion; that is, by the use and the threat of the jailhouse and the bayonet.

The government doesn't want us to have weapons and yet, they have weapons. I think the biggest weapon they have is the IRS - Internal Revenue Service. They can use taxes as a weapon, and the IRS code that you can't even figure it out.

Whichever party is in office, the Treasury is in power.

The breadth and comprehensiveness of the words of the Constitution are nowhere more strikingly exhibited than in regard to the powers, over the subjects of revenue, finance, and currency

Taxes are the chief business of a conqueror of the world.

We print money. The people that print the money is actually us. The government of the United States of America. By its very nature, we control that, and this system is there as representation of us.