"The mounting burden of taxation not only undermines……" — Henry Hazlitt
"The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation and distorts, unbalances, and shrinks production. Total real wealth and income is made smaller than it would otherwise be. On net balance there is more poverty rather than less."
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Henry Hazlitt
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54 Quotes by Henry Hazlitt
Henry Hazlitt has 54 quotes on this site.
A few more worth reading:
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The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But…
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The times call for courage. The times call for hard work. But if the demands are high, it is because…
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Government-to-government foreign aid promotes statism, centralized planning, socialism, dependence, pauperization, inefficiency, and waste. It prolongs the poverty it is designed…
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Everything we get, outside of the free gifts of nature, must in some way be paid for. The world is…
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There is no more certain way to deter employment than to harass and penalize employers.
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It is often sadly remarked that the bad economists present their errors to the public better than the good economists…
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Government can't give us anything without depriving us of something else.
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The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment.…
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The ideas which now pass for brilliant innovations and advances are in fact mere revivals of ancient errors, and a…
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What is put into the hands of B cannot be put into the hands of A.
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Everywhere the means is erected into the end, and the end itself is forgotten.
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Mere inflation-that is, the mere issuance of more money, with the consequence of higher wages and prices-may look like the…
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More Accumulation Quotes
This quote is filed under Accumulation Quotes,
one of 240 quotes in that category. Here are a few more:
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Life tends to be an accumulation of a lot of mundane decisions, which often gets ignored.
— David Byrne
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I am opposed to the accumulation of executive power anywhere.
— Noam Chomsky
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The decisive step in evolution, the first step toward macroevolution, the step from one species to another, requires another evolutionary…
— Richard Goldschmidt
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Women, who are a majority of the peoples of the earth, are indispensable to the accumulation of the kind of…
— Mahnaz Afkhami
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When I contemplate the accumulation of guilt and remorse which, like a garbage-can, I carry through life, and which is…
— Cyril Connolly
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Courage is only an accumulation of small steps.
— Gyorgy Konrad
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It is not the accumulation of extraneous knowledge, but the realization of the self within, that constitutes true progress.
— Okakura Kakuzo
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Perhaps middle-age is, or should be, a period of shedding shells; the shell of ambition, the shell of material accumulations…
— Anne Morrow Lindbergh
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The secret to living a full life with no regrets and to staying young is to figure out what you…
— William J. Clinton
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We were not always 70, or rather our 70 is an accumulation of all the other ways we were. Our…
— Anne Roiphe
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Why should we all use our creative power....? Because there is nothing that makes people so generous, joyful, lively, bold…
— Brenda Ueland
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We live an age of science and of abounding accumulation of material things. These did not create the Declaration. Our…
— Calvin Coolidge
See all 240 Accumulation Quotes »