--- title: "Meaning & Key Takeaway of: A businessman who expects his output to…" description: "\"“A businessman who expects his output to be stolen, expropriated, or entirely taxed away will have little incentive to work, let alone any incentive to..." image: "https://sms4smile.com/quotes/i/a09/daron-acemo-lu-4415_investing_a-businessman-who-expects-his-output-to_878511.jpg" --- # A businessman who expects his output to be stolen… ![“A businessman who expects his output to be stolen, expropriated, or entirely taxed away will have little incentive to work, let alone any incentive to undertake investments and innovations.” quote by Daron Acemoğlu](https://sms4smile.com/quotes/i/a09/daron-acemo-lu-4415_investing_a-businessman-who-expects-his-output-to_878511.jpg) [Download](https://sms4smile.com/quotes/i/a09/daron-acemo-lu-4415_investing_a-businessman-who-expects-his-output-to_878511.jpg) [Open image](https://sms4smile.com/quotes/i/a09/daron-acemo-lu-4415_investing_a-businessman-who-expects-his-output-to_878511.jpg) > ““A businessman who expects his output to be stolen, expropriated, or entirely taxed away will have little incentive to work, let alone any incentive to undertake investments and innovations.”” [Daron Acemoğlu](https://sms4smile.com/quotes/author/daron-acemo-lu/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. When people expect heavy taxation or expropriation, they lose motivation to produce or invest, hindering economic growth. **In simple terms:** High taxes reduce work and investment drive. Key Takeaway Consider fair, predictable policies. Themes economics incentives policy investment Mood analytical critical serious Type explanatory policy When to use this quote - government regulation - entrepreneurship - public finance Key Concepts taxation property rights innovation Questions to Reflect On - What balance of tax and incentive encourages growth? - How can governments protect investors? A Different Perspective Assumes all actors respond uniformly to incentives. ★ ★ ★ ★ ★ No ratings yet [Businessman](https://sms4smile.com/quotes/about/businessman/) [Businessman Expects](https://sms4smile.com/quotes/about/businessman-expects-1029019/) [Incentive Work](https://sms4smile.com/quotes/about/incentive-work-1029021/) [Investing](https://sms4smile.com/quotes/about/investing/) [Little Incentive](https://sms4smile.com/quotes/about/little-incentive-871491/) [Productivity](https://sms4smile.com/quotes/about/productivity/) [Taxed Away](https://sms4smile.com/quotes/about/taxed-away-1029020/) ## Related quotes > [So every dollar of income that I have that is potentially taxed away is a dollar I can't put in my company to create…](https://sms4smile.com/quotes/curt-schilling/so-every-dollar-of-income-that-i-have-that-is-potentially-taxed-away/) [Curt Schilling](https://sms4smile.com/quotes/author/curt-schilling/) > [To function as an actress, I have to be in love. I have to have that incentive to work.](https://sms4smile.com/quotes/jayne-mansfield/to-function-as-an-actress-i-have-to-be-in-love-i-have-to-have-that/) [Jayne Mansfield](https://sms4smile.com/quotes/author/jayne-mansfield/) > [We need to give people more of an incentive to work, to save, to invest, to create a true future for themselves.](https://sms4smile.com/quotes/suze-orman/we-need-to-give-people-more-of-an-incentive-to-work-to-save-to-invest/) [Suze Orman](https://sms4smile.com/quotes/author/suze-orman/) > [Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away](https://sms4smile.com/quotes/ludwig-von-mises/progressive-taxation-of-income-and-profits-means-that-precisely-those/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [There is little incentive even for the media to encourage whistle-blowing or ruffling powerful feathers. 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The same revolutions that shook England…](https://sms4smile.com/quotes/daron-acemo-lu/australia-like-the-united-states-experienced-a-different-path-to/) [Daron Acemoğlu](https://sms4smile.com/quotes/author/daron-acemo-lu/) > [“As such, the usual pattern of interaction between a critical juncture and existing institutional differences leading to further institutional and economic divergence played out…](https://sms4smile.com/quotes/daron-acemo-lu/as-such-the-usual-pattern-of-interaction-between-a-critical-juncture/) [Daron Acemoğlu](https://sms4smile.com/quotes/author/daron-acemo-lu/) > [“Lack of creative destruction and innovation is not the only reason why there are severe limits to growth under extractive institutions. 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