And it came to pass in those days, that there went out a decree from Caesar Augustus, that all the world should be taxed.

Luke 2:1

In our time of continued economic frustration, not recovery, taxation continues throughout history to determine business investment decisions. The New Year brings forth another time of decision for our political leaders in the area of taxation. It should be noted that our leaders need to make decisions that correct our short term tragedies, but for once is attached to a long term positive correction plan.

I believe we have followed the verse to tax all the world, but is the proportion within this system fair, equitable, and financially successful for our society?

“First, have a definite, clear practical ideal; a goal, an objective. Second, have the necessary means to achieve your ends; wisdom, money, materials, and methods. Third, adjust all your means to that end.”

Aristotle

“I, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.”

Thomas Jefferson

“Did you ever think that making a speech on economics is a lot like pissing down your leg? It seems hot to you, but it never does to anyone else.”

Lyndon B. Johnson

“There are no such things as limits to growth, because there are no limits to the human capacity for intelligence, imagination, and wonder”

Ronald Reagan

Political revolutions also spring from a disproportionate increase in any part of the state.

2005, Jowett

Democracy, for example, arises out of the notion that those who are equal in any respect are equal in all respects, because men are equally free, they claim to be absolutely equal.

2005, Jowett