How Democracies Tax Themselves to Death
by Alexander Tyler, 18th Century Scottish Economist and Historian
A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on the majority always votes for the candidate promising the most from the public treasury with the results that a democracy always collapses over loose fiscal policy, always followed by dictatorship.
From bondage to spiritual faith
The editor wishes to thank Sam Carrubba for sending along this piece of wisdom, along with a folder full of information about the sales tax.