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.”
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.
Link spending with revenue collection.
Themes
Mood
Type
When to use this quote
- policy making
- public budgeting
- tax reform
- government spending
Key Concepts
Questions to Reflect On
- How can governments balance spending and revenue?
- What safeguards ensure fiscal responsibility?
Political realities may limit perfect balance.