“the larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble.”
Quote by Henry Hazlitt
Work
Economics in One Lesson
Browse quotes and source details for this work. more
Author
You May Also Like
Source: Economics in One Lesson
Source: Land of Milk and Honey
Source: The Struggle Is One: Voices and Visions of Liberation
Source: The Merchant of Venice
Source: The Street
Source: Down in New Orleans: Reflections from a Drowned City
Source: Clare
“We are shaped by forces we do not choose. But within them… we still choose who we become.”
Source: Between Fear and Hope: the discipline of integration
Source: Tombland
“Both poverty and riches are the offspring of thought.”
Source: Think and Grow Rich