Anybody can reduce taxes, but it is not so easy to stand in the gap and resist the passage of increasing appropriation bills which would make tax red… - Calvin Coolidge

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Engraved portrait of Calvin Coolidge, facing right

Anybody can reduce taxes, but it is not so easy to stand in the gap and resist the passage of increasing appropriation bills which would make tax reduction impossible. It will be very easy to measure the strength of the attachment to reduced taxation by the power with which increased appropriations are resisted. If at the close of the present session the Congress has kept within the budget which I propose to present, it will then be possible to have a moderate amount of tax reduction and all the tax reform that the Congress may wish for during the next fiscal year. The country is now feeling the direct stimulus which came from the passage of the last revenue bill, and under the assurance of a reasonable system of taxation there is every prospect of an era of prosperity of unprecedented proportions. But it would be idle to expect any such results unless business can continue free from excess profits taxation and be accorded a system of surtaxes at rates which have for their object not the punishment of success or the discouragement of business, but the production of the greatest amount of revenue from large incomes. I am convinced that the larger incomes of the country would actually yield more revenue to the Government if the basis of taxation were scientifically revised downward. Moreover the effect of the present method of this taxation is to increase the cost of interest. on productive enterprise and to increase the burden of rent. It is altogether likely that such reduction would so encourage and stimulate investment that it would firmly establish our country in the economic leadership of the world.

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About Calvin Coolidge

John Calvin Coolidge Jr. (4 July 1872 – 5 January 1933) was the 30th president of the United States (1923–29). A Republican lawyer from Vermont, Coolidge worked his way up the ladder of Massachusetts state politics, eventually becoming governor of that state. His response to the Boston Police Strike of 1919 thrust him into the national spotlight and gave him a reputation as a man of decisive action. Soon after, he was elected as the 29th vice president in 1920 and succeeded to the presidency upon the sudden death of Warren G. Harding in 1923. Elected in his own right in 1924, he gained a reputation as a small-government conservative.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Harris & Ewing (Public domain / CC0)

Also Known As

Birth Name: John Calvin
Alternative Names: John Calvin Coolidge Jr. John Calvin Coolidge President Coolidge J. C. Coolidge C. Coolidge Silent Cal Silent Cal Coolidge

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Additional quotes by Calvin Coolidge

The economic problems of society are important. On the whole, we are meeting them fairly well. They are so personal and so pressing that they never fail to receive constant attention. But they are only a part. We need to put a proper emphasis on the other problems of society. We need to consider what attitude of the public mind it is necessary to cultivate in order that a mixed population like our own may dwell together more harmoniously and the family of nations reach a better state of understanding. You who have been in the service know how absolutely necessary it is in a military organization that the individual subordinate some part of his personality for the general good. That is the one great lesson which results from the training of a soldier. Whoever has been taught that lesson in camp and field is thereafter the better equipped to appreciate that it is equally applicable in other departments of life. It is necessary in the home, in industry and commerce, in scientific and intellectual development. At the foundation of every strong and mature character we find this trait which is best described as being subject to discipline. The essence of it is toleration. It is toleration in the broadest and most inclusive sense, a liberality of mind, which gives to the opinions and judgments of others the same generous consideration that it asks for its own, and which is moved by the spirit of the philosopher who declared that 'To know all is to forgive all'. It may not be given to infinite beings to attain that ideal, but it is none the less one toward which we should strive.

You have demonstrated again and again that it is useless to appeal to you on any thing but patriotic motives. You are for America, you are for our Constitution, you will not be tempted to take any action that will imperil our society or our Government.

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Your great demonstration which marks this day in the City of Washington is only representative of many like observances extending over our own country and into other lands, so that it makes a truly world-wide appeal. It is a manifestation of the good in human nature which is of tremendous significance. More than six centuries ago, when in spite of much learning and much piety there was much ignorance, much wickedness and much warfare, when there seemed to be too little light in the world, when the condition of the common people appeared to be sunk in hopelessness, when most of life was rude, harsh and cruel, when the speech of men was too often profane and vulgar, until the earth rang with the tumult of those who took the name of the Lord in vain, the foundation of this day was laid in the formation of the Holy Name Society. It had an inspired purpose. It sought to rededicate the minds of the people to a true conception of the sacredness of the name of the Supreme Being. It was an effort to save all reference to the Deity from curses and blasphemy, and restore the lips of men to reverence and praise. Out of weakness there began to be strength; out of frenzy there began to be self-control; out of confusion there began to be order. This demonstration is a manifestation of the wide extent to which an effort to do the right thing will reach when it is once begun. It is a purpose which makes a universal appeal, an effort in which all may unite.

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