--- title: "Meaning & Key Takeaway of: Even if you assume that the whole economy…" description: "\"Even if you assume that the whole economy would work better had we never had double taxation, having the envy and resentment of the richest paying low ..." image: "https://sms4smile.com/quotes/i/1f1/charlie-munger-458_assuming_even-if-you-assume-that-the-whole-econom_2813592.jpg" --- # Even if you assume that the whole economy would work… ![“Even if you assume that the whole economy would work better had we never had double taxation, having the envy and resentment of the richest paying low or no taxes screams of injustice. You have to have a fair system.” quote by Charlie Munger](https://sms4smile.com/quotes/i/1f1/charlie-munger-458_assuming_even-if-you-assume-that-the-whole-econom_2813592.jpg) [Download](https://sms4smile.com/quotes/i/1f1/charlie-munger-458_assuming_even-if-you-assume-that-the-whole-econom_2813592.jpg) [Open image](https://sms4smile.com/quotes/i/1f1/charlie-munger-458_assuming_even-if-you-assume-that-the-whole-econom_2813592.jpg) > “Even if you assume that the whole economy would work better had we never had double taxation, having the envy and resentment of the richest paying low or no taxes screams of injustice. You have to have a fair system.” [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. A fair tax system should prevent the richest from evading taxes, ensuring equity and social stability. **In simple terms:** Tax fairness prevents inequality. Key Takeaway Advocate for equitable tax policies. Themes taxation fairness wealth inequality justice economics Mood analytical concerned Type policy economic When to use this quote - government reform - tax legislation - public debate Key Concepts public policy ethics Questions to Reflect On - How does tax avoidance affect society? - What policies can balance fairness and growth? A Different Perspective Complexities of tax law can hinder reform. ★ ★ ★ ★ ★ No ratings yet [Assuming](https://sms4smile.com/quotes/about/assuming/) [Double Taxation](https://sms4smile.com/quotes/about/double-taxation-1293814/) [Economy](https://sms4smile.com/quotes/about/economy/) [Envy](https://sms4smile.com/quotes/about/envy/) [Fairs](https://sms4smile.com/quotes/about/fairs/) [Ifs](https://sms4smile.com/quotes/about/ifs/) [Injustice](https://sms4smile.com/quotes/about/injustice/) [Justice](https://sms4smile.com/quotes/about/justice/) [Low Taxes](https://sms4smile.com/quotes/about/low-taxes-1666991/) [Lows](https://sms4smile.com/quotes/about/lows/) [Resentment](https://sms4smile.com/quotes/about/resentment/) [Resentment Richest](https://sms4smile.com/quotes/about/resentment-richest-3537645/) [Scream](https://sms4smile.com/quotes/about/scream/) [Taxation](https://sms4smile.com/quotes/about/taxation/) [Taxation Having](https://sms4smile.com/quotes/about/taxation-having-3537644/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Whole](https://sms4smile.com/quotes/about/whole/) ## Related quotes > [The estate tax has been a disaster. 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The low taxes, the low…](https://sms4smile.com/quotes/krystal-ball/after-all-chamber-of-commerce-type-conservatives-love-nothing-more/) [Krystal Ball](https://sms4smile.com/quotes/author/krystal-ball/) > [Traditionally, Conservatives have argued that low taxes are a route to self-determination. I agree. 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They can…](https://sms4smile.com/quotes/ingvar-kamprad/an-optimised-tax-structure-gives-us-the-possibility-of-flexibility-in/) [Ingvar Kamprad](https://sms4smile.com/quotes/author/ingvar-kamprad/) > [Cyprus had developed its financial center over three decades ago by having double taxation treaties with a number of countries: the Soviet Union, for…](https://sms4smile.com/quotes/athanasios-orphanides/cyprus-had-developed-its-financial-center-over-three-decades-ago-by/) [Athanasios Orphanides](https://sms4smile.com/quotes/author/athanasios-orphanides/) > [By operating independently of government aid, the churches . . . avoid the resentment of those who do not want to be forced to…](https://sms4smile.com/quotes/john-m-swomley/by-operating-independently-of-government-aid-the-churches-avoid-the/) [John M Swomley](https://sms4smile.com/quotes/author/john-m-swomley/) > [I believe in taxation and health care that is outside the usual libertarian mandate, because I don't want people to have to suffer. It's…](https://sms4smile.com/quotes/neil-peart/i-believe-in-taxation-and-health-care-that-is-outside-the-usual/) [Neil Peart](https://sms4smile.com/quotes/author/neil-peart/) ## More by Charlie Munger > [Almost all good businesses engage in 'pain today, gain tomorrow' activities.](https://sms4smile.com/quotes/charlie-munger/almost-all-good-businesses-engage-in-pain-today-gain-tomorrow/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [If you want good behavior, don't pay on a commission basis. Our judges aren't paid so much a case. We keep them pretty well…](https://sms4smile.com/quotes/charlie-munger/if-you-want-good-behavior-don-t-pay-on-a-commission-basis-our-judges/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Acquire worldly wisdom and adjust your behavior accordingly. 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And…](https://sms4smile.com/quotes/charlie-munger/the-great-lesson-in-microeconomics-is-to-discriminate-between-when/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [Some years ago one oil company bought a fertilizer company, and every other major oil company practically ran out and bought a fertilizer company.…](https://sms4smile.com/quotes/charlie-munger/some-years-ago-one-oil-company-bought-a-fertilizer-company-and-every/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [ They \[Mc Donalds\] take people and give them a first job, which enables them to get a second job. They do a very good… ](https://sms4smile.com/quotes/charlie-munger/they-mc-donalds-take-people-and-give-them-a-first-job-which-enables/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [What good is envy? It’s the one sin you can’t have any fun at.](https://sms4smile.com/quotes/charlie-munger/what-good-is-envy-it-s-the-one-sin-you-can-t-have-any-fun-at/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We believe that almost all really good investment records will involve relatively little diversification. The basic idea that it was hard to find good…](https://sms4smile.com/quotes/charlie-munger/we-believe-that-almost-all-really-good-investment-records-will/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [It is way less certain to be a wonderful business in the future. The threat is alternative mediums of information. Every newspaper is scrambling…](https://sms4smile.com/quotes/charlie-munger/it-is-way-less-certain-to-be-a-wonderful-business-in-the-future-the/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [In the corporate world, if you have analysts, due diligence, and no horse sense, you've just described hell.](https://sms4smile.com/quotes/charlie-munger/in-the-corporate-world-if-you-have-analysts-due-diligence-and-no/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [We have to have a special insight, or we'll put it in the 'too tough' basket. All of you have to look for a…](https://sms4smile.com/quotes/charlie-munger/we-have-to-have-a-special-insight-or-we-ll-put-it-in-the-too-tough/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) > [I've heard that one-half of the students at elite schools want to go into private equity or hedge funds. They want to keep up…](https://sms4smile.com/quotes/charlie-munger/i-ve-heard-that-one-half-of-the-students-at-elite-schools-want-to-go/) [Charlie Munger](https://sms4smile.com/quotes/author/charlie-munger/) [Explore all 544 Charlie Munger quotes ](https://sms4smile.com/quotes/author/charlie-munger/) ## More Assuming quotes > [Some books are not read in the right way because they have skipped a stage of opinion, assume a crystallization of information in society…](https://sms4smile.com/quotes/doris-lessing/some-books-are-not-read-in-the-right-way-because-they-have-skipped-a/) [Doris Lessing](https://sms4smile.com/quotes/author/doris-lessing/) > [Our young Marines of today are courageous, willing to make sacrifices, and are marvelous team players. I am confident our Corps, and indeed our…](https://sms4smile.com/quotes/james-t-conway/our-young-marines-of-today-are-courageous-willing-to-make-sacrifices/) [James T. Conway](https://sms4smile.com/quotes/author/james-t-conway/) > [Everyone assumes writers spend their time lounging around, writing and occasionally striking a pose whilst having a think.](https://sms4smile.com/quotes/sara-sheridan/everyone-assumes-writers-spend-their-time-lounging-around-writing-and/) [Sara Sheridan](https://sms4smile.com/quotes/author/sara-sheridan/) > [Islam never differentiates between men and women as regards political rights and puts them on an equal footing. However, even if a woman is…](https://sms4smile.com/quotes/yusuf-al-qaradawi/islam-never-differentiates-between-men-and-women-as-regards-political/) [Yusuf al-Qaradawi](https://sms4smile.com/quotes/author/yusuf-al-qaradawi/) > [Whatever your conscious mind assumes and believes to be true, your subconscious mind will accept and bring to pass. Believe in good fortune, divine…](https://sms4smile.com/quotes/joseph-murphy/whatever-your-conscious-mind-assumes-and-believes-to-be-true-your/) [Joseph Murphy](https://sms4smile.com/quotes/author/joseph-murphy/) > [Assuming normal winter weather, we currently anticipate the coal markets to remain difficult through 2015; while we always strive to operate a full capacity…](https://sms4smile.com/quotes/joe-craft/assuming-normal-winter-weather-we-currently-anticipate-the-coal/) [Joe Craft](https://sms4smile.com/quotes/author/joe-craft/) > [A state of mind is something that one assumes. It cannot be purchased, it must be created.](https://sms4smile.com/quotes/napoleon-hill/a-state-of-mind-is-something-that-one-assumes-it-cannot-be-purchased/) [Napoleon Hill](https://sms4smile.com/quotes/author/napoleon-hill/) > [One must believe that every living thing whatsoever must change insensibly in its organization and in its form... 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Chesterton](https://sms4smile.com/quotes/author/gilbert-k-chesterton/) [Browse all 2,452 Assuming quotes ](https://sms4smile.com/quotes/about/assuming/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Even if you assume that the whole economy would work better had we never had double taxation, having the envy and resentment of the richest paying low or no taxes screams of injustice. 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