Calvin Coolidge: Taxes Legalized Robbery
on Tuesday, April 5, 2016Calvin Coolidge Money Quote saying allowing government to take more taxes than required is like legally robbing citizens. Calvin Coolidge said:
“Collecting more taxes than is absolutely necessary is legalized robbery” — Calvin Coolidge
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In this quote, Calvin Coolidge is criticizing excessive taxation by the government. He argues that when governments collect substantially more in taxes than what is truly needed to fund essential services and functions, it amounts to a form of “legalized robbery” from citizens.
Coolidge implies that while some level of taxation is justified and necessary to support functions like national defense, infrastructure, healthcare etc., levying much higher taxes than actually required oversteps legitimate bounds. When tax rates and amounts collected far surpass what is reasonably needed, it deprives people and businesses of wealth that rightfully belongs to them.
The quote conveys Coolidge’s view that taxation should be kept to a minimum and only fund core public interests. Any tax revenue beyond that minimum could be seen as an illegitimate seizure of private resources. Overall, Coolidge portrays very high taxation as a legal but still improper taking of citizens’ money by the state for non-essential purposes.
Birthday: July 4, 1872 – Death: January 5, 1933