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verbiricha
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2024-07-06 08:08:42

verbiricha on Nostr: A couple quotes from Ibn Khaldun, the Father of Economics, on taxation: "When tax ...

A couple quotes from Ibn Khaldun, the Father of Economics, on taxation:

"When tax assessments and imposts upon the subjects are low, the latter have the energy and desire to do things. Cultural enterprises grow and increase, because the low taxes bring satisfaction."

"When the ruler abusively increases taxes, it discourages the crafts from applying their skills to the creation of new wealth."
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