Amount Quote by Margaret Thatcher
“We very much hope that as we get growth that we can reduce the burden of taxation, that we can reduce income tax and increase the amount of genuine free enterprise and business enterprise... This is going... toward the restoration of the personal responsibility, the independence, with every man a property owner, every man a capitalist.”
About This Quote
Advocates that economic growth should enable lower taxes, fostering free enterprise and personal ownership, emphasizing individual responsibility and capitalism.
In simple terms: Growth should lower taxes and boost private ownership.
Key Takeaway
Economic growth can fund tax cuts and expand capitalism.
Themes
Economic policy
Taxation
Free enterprise
Individual responsibility
Capitalism
Mood
Determined
Optimistic
Assertive
Type
Political speech
Economic manifesto
When to use this quote
- Policy debates on tax reform
- Discussions on government size
- Entrepreneurial conferences
- Historical analyses of Thatcherism
Key Concepts
Fiscal policy
Market freedom
Personal ownership
Economic growth
Practical Applications
- Designing tax reduction strategies
- Promoting private sector development
Questions to Reflect On
- How does tax policy affect entrepreneurial activity?
- What are the trade‑offs between public revenue and personal freedom?
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