Quotessence
Home / Quotes / Quote / Image

Quote image editor Emmanuel Saez

Back to previous page

“Development is not primarily a matter of mechanically collecting taxes to fund spending, no matter how useful this spending may be. Development is about building trust in institutions, including, most importantly, governments. When governments take more from the poor than from the wealthy, sustained trust becomes impossible.” — Emmanuel Saez

Quote 1080 x 1350 Instagram portrait
More
Platforms
Pure ratios
Development is not primarily a matter of mechanically collecting taxes to fund spending, no matter how useful this spending may be. Development is about building trust in institutions, including, most importantly, governments. When governments take more from the poor than from the wealthy, sustained trust becomes impossible.
— Emmanuel Saez