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.”
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.
Seek alternative deficit solutions.
Themes
Mood
Type
When to use this quote
- budget planning
- tax reform
- public debate
- education
Key Concepts
Questions to Reflect On
- What are sustainable ways to reduce deficits?
- How do tax policies affect growth?
May ignore need for revenue.