Milton Friedman quote about politics from Capitalism and Freedom - The major disadvantage of the proposed negative income tax is its political implications. It establishes a system under which taxes are imposed on some to pay subsidies to others. And presumably, these others have a vote.
pick facebookpinterest < prevnext > picture source

“ The major disadvantage of the proposed negative income tax is its political implications. It establishes a system under which taxes are imposed on some to pay subsidies to others. And presumably, these others have a vote. ”
 Milton Friedman, Capitalism and Freedom (1962). copy citation

edit
Author Milton Friedman
Source Capitalism and Freedom
Topic politics vote tax
Date 1962
Language English
Reference
Note
Weblink

Meaning and analysis

write a note
report

Similar quotes

More pictures

Milton Friedman quote about politics from Capitalism and Freedom - The major disadvantage of the proposed negative income tax is its political implications. It establishes a system under which taxes are imposed on some to pay subsidies to others. And presumably, these others have a vote.
Milton Friedman quote about politics from Capitalism and Freedom - The major disadvantage of the proposed negative income tax is its political implications. It establishes a system under which taxes are imposed on some to pay subsidies to others. And presumably, these others have a vote.