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Country Quote by Wilfrid Laurier

“It is a sound principle of finance, and a still sounder principle of government, that those who have the duty of expending the revenue of a country should also be saddled with the responsibility of levying and providing it.” quote by Wilfrid Laurier
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“It is a sound principle of finance, and a still sounder principle of government, that those who have the duty of expending the revenue of a country should also be saddled with the responsibility of levying and providing it.”

Wilfrid Laurier

About This Quote

Source Speech: Canadian Parliament, 1905

Fiscal responsibility requires those who spend public money to also collect it, ensuring accountability.

In simple terms: Spenders should also collect taxes.

Key Takeaway

Link spending with revenue collection.

Themes

finance government accountability

Mood

serious analytical

Type

political educational

When to use this quote

  • policy making
  • public budgeting
  • tax reform
  • government spending

Key Concepts

public finance taxation budgeting

Questions to Reflect On

  • How can governments balance spending and revenue?
  • What safeguards ensure fiscal responsibility?
A Different Perspective

Political realities may limit perfect balance.

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