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When Taxes are High,The Way to Wealth - Benjamin Franklin
Courteous Reader,

I stopped lately where a great number of people were collected at an auction. The hour of sale not being come, they were conversing on the badness of the times, and one called to a plain clean old man, with white locks, "Pray, Father Franklin, what think you of the times? Won't these heavy taxes quite ruin the country? How shall we be ever able to pay them? What would you advise us to?"

Father Franklin stood up, and replied, "If you'd have my advice, I'll give it you in short, for a word to the wise is enough, and many words won't fill a bushel, as Poor Richard says.

"Friends, the taxes are indeed very heavy, and if those laid on by the government were the only ones we had to pay, we might more easily discharge them; but we have many others, and much more grievous to some of us.

We are taxed twice as much by our idleness, three times as much by our pride, and four times as much by our folly, and from these taxes the commissioners cannot ease or deliver us by allowing an abatement. However let us hearken to good advice, and something may be done for us; God helps them that help themselves, as Poor Richard says, in his almanac of 1733.

"It would be thought a hard government that should tax its people one tenth part of their time, to be employed in its service. But idleness taxes many of us much more, if we reckon all that is spent in absolute sloth, or doing of idle employments or amusements that amount to nothing. Sloth, by bringing on diseases, absolutely shortens life. Sloth, like rust, consumes faster than labor wears, while the used key is always bright, as Poor Richard says.

"So what signifies wishing and hoping for better times? We may make these times better if we bestir ourselves. Industry need not wish, as Poor Richard says, and he that lives upon hope will die fasting. There are no gains, without pains, then help hands, for I have no lands, or if I have, they are smartly taxed. And, as Poor Richard likewise observes, he that hath a trade hath an estate, and he that hath a calling hath an office of profit and honor; but then the trade must be worked at, and the calling well followed, or neither the estate, nor the office, will enable us to pay our taxes. Little strokes fell great oaks, as Poor Richard says in his almanac, the year I cannot just now remember.

"Here you are at this auction of fineries and knicknacks. You call them goods, but if you do not take care, they will prove evils to some. You expect they will be sold cheap, and perhaps they may for less than they cost; but if you have no occasion for them, they must be dear to you. Remember what Poor Richard says, buy what thou hast no need of, and ere long thou shalt sell thy necessaries.

"What madness must it be to run in debt for these superfluities! We are offered, by the terms of this auction, six months' credit; and that perhaps has induced some of us to attend it, because we cannot spare the ready money, and hope now to be fine without it. But, ah, think what you do when you run in debt; you give to another power over your liberty.

If you cannot pay at the time, you will be ashamed to see your creditor; you will be in fear when you speak to him, you will make poor pitiful sneaking excuses, and by degrees sink into base downright lying; for, as Poor Richard says, the second vice is lying, the first is running in debt. Gain may be temporary and uncertain, but ever while you live, expense is constant and certain; and 'tis easier to build two chimneys than to keep one in fuel, as Poor Richard says. So rather go to bed supperless than rise in debt.

Get what you can, and what you get hold;

'Tis the stone that will turn all your lead into gold,

as Poor Richard says. And when you have got the philosopher's stone, sure you will no longer complain of bad times, or the difficulty of paying taxes.

Benjamin Franklin.

July 7, 1757
Posted by: Daffy Slolump6761 2010-09-08
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