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Amount Quote by Milton Friedman

“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. ... because I believe the big problem is not taxes, the big problem is spending.” quote by Milton Friedman
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“I am in favor of cutting taxes under any circumstances and for any excuse, for any reason, whenever it's possible. ... because I believe the big problem is not taxes, the big problem is spending.”

Milton Friedman

About This Quote

Source Speech: Public Policy Remarks, 1970s, United States

He argues that tax cuts are less problematic than government spending, suggesting fiscal restraint should focus on reducing expenditures rather than revenue.

In simple terms: Tax cuts are easy; spending is the real issue.

Key Takeaway

Prioritize cutting spending over cutting taxes.

Themes

economics public policy fiscal responsibility

Mood

critical analytical

Type

political economic

When to use this quote

  • budget planning
  • legislative debates
  • tax reform
  • public finance

Key Concepts

taxation government spending budget deficits

Questions to Reflect On

  • How can governments balance essential services while cutting spending?
  • What are the long‑term effects of persistent high spending?
A Different Perspective

Reducing spending can be politically difficult and may affect essential services.

2.7 out of 5 (9 ratings)

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