“We got government off the backs of the people of India, particularly off the backs of India's entrepreneurs. We introduced more competition, both internal competition and external competition. We simplified and rationalized the tax system. We made risk-taking much more attractive.” PeopleMadeGovernmentRiskTaxesIndiaEntrepreneurCompetitionAttractiveInternalsRisk-takingTax System Author:Manmohan Singh
“There are no checks and balances if the gov is wrong. If a private entrepreneur makes a mistake, he goes bankrupt, the losses are cut; if he bets wrong, he loses; if the gov bets wrong, they just get bigger, they just appropriate more money. It's a bottomless pit, because they either get it from the tax payers or run it off a printing press.” IfsRunningLosesLossMistakeCuttingBalanceTaxesBiggerPressesEntrepreneurChecksAppropriateMore MoneyPitsPrintingPrinting Press Author:Peter Schiff
“Taxes are necessary. But the system of discriminatory taxation universally accepted under the misleading name of progressive taxation of income and inheritance is not a mode of taxation. It is rather a mode of disguised expropriation of the successful capitalists and entrepreneurs.” NamesSuccessfulTaxesEntrepreneurAcceptedIncomeProgressiveCapitalistTaxationInheritanceMisleadProgressive Taxation Author:Ludwig von Mises
“f the government is going to put money into the automobile sector, it should break up GM and Chrysler as a condition of financial aid, and it should be even-handed in its treatment of start-up firms like Tesla, Miles, Fisker, and others. It would be terrible to kill the entrepreneurs who have taken great risks to bring new automotive technologies to market by pumping tax dollars into the behemoths that have done everything wrong for the last years.” ShouldYearsDoneGovernmentWould BeLastsBreakTechnologyTakenRiskConditionsTerribleTaxesDollarsEntrepreneurFinancialAidsMilesFirmTreatmentLast YearAutomobileGreat RiskTeslaTax DollarsChryslerBehemothFinancial Aid Author:Denis Hayes