America Quote by Jack Kemp
“In America, we tax work, investment, employment, savings, and production, while we subsidize non-work, consumption, and debt. It's time we reverse this trend.”
About This Quote
Source Speech: Economic policy address, 1985
Critiques how taxes burden productive activities while subsidies support consumption and debt, urging a shift toward rewarding work and investment.
In simple terms: Taxes hit work and investment; subsidies favor consumption and debt.
Key Takeaway
Advocate policies that reward productive effort.
Themes
economics
taxation
policy
inequality
Mood
concerned
analytical
Type
policy
economic
When to use this quote
- government budgeting
- business planning
- personal finance
- investment strategy
Key Concepts
fiscal policy
public finance
labor economics
Questions to Reflect On
- How can we balance incentives for work and consumption?
- What subsidies could replace current ones?
A Different Perspective
Political resistance may hinder reform.
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