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
Liked the quote? Share it with your friends.

Random Quotations