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Always Quote by Murray Rothbard

“While deficits are often inflationary and always pernicious, curing them by raising taxes is equivalent to curing an illness by shooting the patient.” quote by Murray Rothbard
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“While deficits are often inflationary and always pernicious, curing them by raising taxes is equivalent to curing an illness by shooting the patient.”

Murray Rothbard

About This Quote

Source Book: Man, Economy, and State by Murray Rothbard, 1962

Raising taxes to fix deficits is as absurd as treating a patient by shooting them; it harms the economy.

In simple terms: Tax hikes to fix deficits are harmful.

Key Takeaway

Seek alternative deficit solutions.

Themes

economics policy taxation health metaphor

Mood

analytical critical

Type

economic political

When to use this quote

  • budget planning
  • tax reform
  • public debate
  • education

Key Concepts

public finance macroeconomics political theory

Questions to Reflect On

  • What are sustainable ways to reduce deficits?
  • How do tax policies affect growth?
A Different Perspective

May ignore need for revenue.

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