Business Quote by Murray Rothbard
“Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs.”
About This Quote
Source Book: Man, Economy, and State, 1962
Taxing the wealthy harms incentives for saving, entrepreneurship, and investment, which sustain prosperity.
In simple terms: Taxing rich reduces savings and growth.
Preserve incentives for wealth creation.
Themes
Mood
Type
When to use this quote
- policy debates
- budget planning
- investment strategy
Key Concepts
Questions to Reflect On
- How can we balance fairness with incentive preservation?
- What alternatives exist to taxation for funding public goods?
Assumes all wealth is productive and ignores inequality issues.