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Capitalism Quote by Adam Smith

“It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.” quote by Adam Smith
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“It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”

Adam Smith

About This Quote

Source Book: The Wealth of Nations, 1776

Wealthy individuals should pay more than a proportional share of taxes to support public services.

In simple terms: Rich should pay extra taxes for public good.

Key Takeaway

Advocate progressive taxation.

Themes

taxation wealth public good

Mood

analytical concerned

Type

economic political

When to use this quote

  • policy debates
  • public finance
  • wealth redistribution

Key Concepts

economic justice social contract

Questions to Reflect On

  • How should tax rates balance fairness and growth?
  • What defines “more than proportion”?
A Different Perspective

Higher rates may discourage investment.

3.1 out of 5 (9 ratings)

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