Inflation is a form of tax, a tax that we all collectively must pay. — Henry Hazlitt Copy Share Image
The 'private sector' of the economy is, in fact, the voluntary sector; and the 'public sector' is, in fact, the coercive sector. — Henry Hazlitt Copy Share Image
The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages… — Henry Hazlitt Copy Share Image
When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support… — Henry Hazlitt Copy Share Image
The proposal is frequently made that the government ought to assume the risks that are "too great for private industry." This means… — Henry Hazlitt Copy Share Image
New taxes are so unpopular that most 'social' handout schemes are originally enacted without enough increased taxation to pay for them. The… — Henry Hazlitt Copy Share Image
A certain amount of taxes is of course indispensable to carry on essential government functions. Reasonable taxes for this purpose need not… — Henry Hazlitt Copy Share Image
..either immediately or ultimately every dollar of government spending must be raised through a dollar of taxation. Once we look at the… — Henry Hazlitt Copy Share Image
More and more people are becoming aware that government has nothing to give them without first taking it away from somebody else-or… — Henry Hazlitt Copy Share Image
When people who earn more than the average have their 'surplus', or the greater part of it, seized from them in taxes,… — Henry Hazlitt Copy Share Image
“private loans will utilize existing resources and capital far better than government loans. Government loans will waste far more capital and resources… — Henry Hazlitt Copy Share Image
When your money is taken by a thief, you get nothing in return. When your money is taken through taxes to support… — Henry Hazlitt Copy Share Image
“Who subsidizes the consumers will depend upon the incidence of taxation. But men in their role of taxpayers will be subsidizing themselves… — Henry Hazlitt Copy Share Image
“For every dollar that is spent on the (boondoggle) bridge a dollar will be taken away from taxpayers. If the bridge costs… — Henry Hazlitt Copy Share Image
The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the… — Henry Hazlitt Copy Share Image
“when personal incomes are taxed 50, 60 or 70 percent. People begin to ask themselves why they should work six, eight or… — Henry Hazlitt Copy Share Image
The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages… — Henry Hazlitt Copy Share Image
All subsidy measures, all schemes to redistribute income or to force Peter to support Paul, are one-eyed as well as shortsighted. They… — Henry Hazlitt Copy Share Image
We are so accustomed to the miracle of private enterprise that we habitually take it for granted. But how does private industry… — Henry Hazlitt Copy Share Image
It is often sadly remarked that the bad economists present their errors to the public better than the good economists present their truths. It… — Henry Hazlitt Copy Share
“This is perhaps as good a place as any to point out that what distinguishes many reformers from those who cannot accept their proposals… — Henry Hazlitt Copy Share
When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private… — Henry Hazlitt Copy Share
“The analysis of our illustrations has taught us another incidental lesson. This is that, when we study the effects of various proposals, not merely… — Henry Hazlitt Copy Share
There is a profound contrast between the effects of foreign aid and of voluntary private investment: foreign aid goes from government to government. It… — Henry Hazlitt Copy Share
The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation… — Henry Hazlitt Copy Share
Multiculturalism means your kid has to learn some wretched tribal dirge for the school holiday concert instead of getting to sing 'Rudolph the Red-Nosed… — Henry Hazlitt Copy Share
It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder… — Henry Hazlitt Copy Share
Inflation makes the extension of socialism possible by providing the financial chaos in which it flourishes. The fact is that socialism and inflation are… — Henry Hazlitt Copy Share
“the desperate need to get back to normal housing and other living conditions stimulated increased efforts. But this does not mean that property destruction… — Henry Hazlitt Copy Share
Yet it ought to be clear that a minimum wage law is, at best, a limited weapon for combatting the evil of low wages,… — Henry Hazlitt Copy Share
“It is a misconception to think of the function or result of machines as primarily one of creating jobs . The real result of… — Henry Hazlitt Copy Share
A certain amount of taxes is of course indispensable to carry on essential government functions. Reasonable taxes for this purpose need not hurt production… — Henry Hazlitt Copy Share
A vital function of the free market is to penalize inefficiency and misjudgment and to reward efficiency and good judgment. By distorting economic calculations… — Henry Hazlitt Copy Share
