The dangers of excessive taxation from "summary" of THE FEDERALIST PAPERS by ALEXANDER HAMILTON JOHN JAY JAMES MADISON
Excessive taxation poses a significant threat to the prosperity and liberty of a nation. When the government imposes excessively high taxes on its citizens, it not only burdens them with financial strain but also encroaches upon their individual freedoms. Citizens are left with limited resources to invest in their personal pursuits, which stifles economic growth and innovation. As a result, the overall well-being of society is compromised, leading to a decline in productivity and quality of life. Moreover, excessive taxation can lead to a loss of public trust in the government. When citizens feel overburdened by taxes, they may become resentful towards the authorities and question the legitimacy of their actions...
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