Tuesday, November 06, 2007

Cicero on Property Tax

When constant wars made the Roman treasury run short, our forefathers often used to levy a property tax. Every effort must be made to prevent a repetition of this; and all possible precautions must be taken to ensure that such a step will never be needed. What I am going to say now will refer to the world in general and not specifically to Rome, because when I am making ominous forecasts I would rather that they were directed towards other countries and not our own. But if any government should find itself under the necessity of levying a tax on property, the utmost care has to be devoted to making it clear to the entire population that this simply has to be done because no alternative exists short of complete national collapse.

Cicero, On the Good Life, On Duties, Book II

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