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Quote by Paul Craig Roberts

“According to the Tax Foundation, the average American worker works 127 days of the year just to pay his taxes. That means that government owns 36 percent of the average American's output-which is more than feudal serfs owed the robber barons. That 36 percent is more than the average American spends on food, clothing and housing. In other words, if it were not for taxes, the average American's living standard would at least double.”

Quote by Paul Craig Roberts

Author

Paul Craig Roberts

Paul Craig Roberts is an American economist born on April 3, 1939. He has extensive research and teaching experience in the field of economics and has served as the Assistant Secretary of the Treasury and an advisor to the Federal Reserve. Roberts is known for his support of free-market economics and his criticism of globalization. more

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