Economic growth Quote by Maxime Bernier
“A tax on capital is self-defeating, in that it slows down capital accumulation, investment and economic growth.”
About This Quote
Source Speech: Economic Policy Address, Maxime Bernier, 2018
Taxing capital reduces incentives to save and invest, which hampers the buildup of productive assets and slows overall economic expansion.
In simple terms: Capital taxes hurt growth.
Key Takeaway
Avoid or reduce capital taxes.
Themes
economics
tax policy
growth
Mood
analytical
concerned
Type
policy
economic
When to use this quote
- business planning
- government budgeting
- investment strategy
- policy debate
Key Concepts
public finance
investment incentives
capital formation
Questions to Reflect On
- How does a capital tax affect small businesses?
- What alternatives support growth without discouraging investment?
A Different Perspective
Capital taxes may be politically popular but can lower long‑term prosperity.
