The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other… — Andrew Mellon Copy Share
Strong men have sound ideas and the force to make these ideas effective. — Andrew Mellon Copy Share Image
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to withdraw his capital from productive business and invest it in tax-exempt securities or to find other lawful methods of avoiding the realization of taxable income. The result is that the sources of taxation are drying up;… — Andrew Mellon Copy Share
“A moment's reflection will convince any one that prosperity cannot come from continued plunging into debt.” — Andrew Mellon Copy Share Image
Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate. — Andrew Mellon Copy Share Image
Every man wants to connect his life with something he thinks eternal. — Andrew Mellon Copy Share Image
Liquidate labor, liquidate stocks, liquidate farmers, liquidate real estate. It will purge the rottenness out of the system. High costs of living and high… — Andrew Mellon Copy Share Image
If the spirit of business adventure is dulled, this country will cease to hold the foremost position in the world. — Andrew Mellon Copy Share Image
Values will be adjusted, and enterprising people will pick up the wrecks from less competent people. — Andrew Mellon Copy Share Image
The history of taxation shows that taxes which are inherently excessive are not paid. The high rates inevitably put pressure upon the taxpayer to… — Andrew Mellon Copy Share Image
“A bonus or subsidy can be paid only by taking money out of the pockets of all the people in order that it shall… — Andrew Mellon Copy Share Image
