Quote by Milton Friedman

We have a system that increasingly taxes work and subsidizes nonwork.

We have a system that increasingly taxes work and subsidizes

Summary

This quote suggests that there is a flaw in our current system where there is a growing inclination towards imposing higher taxes on those who engage in productive work while concurrently providing assistance to those who do not actively participate in the labor force. It highlights a concern that this approach may create an imbalance, potentially discouraging work efforts and promoting dependency on subsidies, thereby undermining productivity and economic growth.

Topics

Society

By Milton Friedman

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