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LOUIS XIV's finance minister, Jean-Baptiste Colbert, believed that "the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing".
LOUIS XIV'S FINANCE minister, Jean-Baptiste Colbert, famously declared that "the art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing".
COLBERT said that "The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest possible amount of hissing".
He claimed that the sphere he created was the ideal shape for the fair because a ball can enclose the largest possible amount of space with the smallest amount of material, while the natural contrasting form to a sphere is a tower.
It was once famously said by Jean-Baptiste Colbert, finance minister to Louis XIV, that the "art of taxation was in so plucking the goose as to obtain the largest possible amount of feathers with the least possible amount of hissing".
When it comes to taxing companies, a modern finance minister might rephrase this as "the largest possible amount of revenue with the smallest possible amount of economic and political damage".Studies have shown that high corporate-tax rates discourage business investment and entrepreneurship, and countries that try to squeeze their firms too hard often have larger black (or informal) economies.
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PCA represents a feature extraction technique where the methylation data is orthogonally transformed, such that the first principal component has the largest possible variance (accounts for maximal amount of variability in the methylation data), and each succeeding component in turn has the next highest variance possible.
Combining more than 200 studies over 30 years to create the largest possible sample, the paper finds that the amount of equity executives own does not affect their company's performance.
The 17th-century French minister of finances said: "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing".
"THE art of taxation", advised Louis XIV's treasurer, Jean-Baptiste Colbert, "consists in so plucking the goose to obtain the largest amount of feathers, with the least possible amount of hissing".
Or, in the famous words of Jean-Baptiste Colbert "The art of taxation consists in so plucking the goose as to obtain the largest amount of feathers with the least possible amount of hissing".
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