Austin O’Malley: Levying Taxes

Posted by admin on Friday, November 20, 2020

Austin O’Malley Money Quote saying that charging too much tax is dangerous. Austin O’Malley said:
 

 

“In levying taxes and in shearing sheep it is well to stop when you get down to the skin” — Austin O’Malley

 

 

In this quote, Austin O’Malley seems to be cautioning against overzealous taxation or resource extraction. By comparing tax collection and sheep shearing, and stating it’s best to stop when getting “down to the skin”, O’Malley implies there is a point where taking more begins to cause harm.

The quote conveys O’Malley’s perspective that while revenue generation or harvests are necessary, leaving citizens or livestock with nothing left post-collection is self-defeating.

Overall, he appears to be advocating a balanced approach of contributing fairly but not to the point of depletion or suffering hardship, as that damages the long-term sustainability of “flocks” or economies upon which further yields depend.

Birthday: October 1, 1858 – February 26, 1932

Categories: taxes Tagged:austin O'Malleylevyingtaxes