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.
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“ 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

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Author Milton Friedman
Source Capitalism and Freedom
Topic politics vote tax
Date 1962
Language English
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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.