Book-bot.com - read famous books online for free

Essays on Political Economy by Frédéric Bastiat
page 51 of 212 (24%)
III.--Taxes.


Have you never chanced to hear it said: "There is no better investment
than taxes. Only see what a number of families it maintains, and
consider how it reacts upon industry: it is an inexhaustible stream, it
is life itself."

In order to combat this doctrine, I must refer to my preceding
refutation. Political economy knew well enough that its arguments were
not so amusing that it could be said of them, _repetitions please_. It
has, therefore, turned the proverb to its own use, well convinced that,
in its mouth, _repetitions teach_.

The advantages which officials advocate are _those which are seen_. The
benefit which accrues to the providers _is still that which is seen_.
This blinds all eyes.

But the disadvantages which the tax-payers have to get rid of are _those
which are not seen_. And the injury which results from it to the
providers is still that _which is not seen_, although this ought to be
self-evident.

When an official spends for his own profit an extra hundred sous, it
implies that a tax-payer spends for his profit a hundred sous less. But
the expense of the official _is seen_, because the act is performed,
while that of the tax-payer _is not seen_, because, alas! he is
prevented from performing it.

You compare the nation, perhaps to a parched tract of land, and the tax
DigitalOcean Referral Badge