Harvard university Quote by Neal Boortz
![“[A] Harvard University study [showed] that, on average, about 22 percent of what you pay for any consumer item or service represents the embedded costs in that item—that is, the embedded costs of our current tax system. Taxes, like some other similarly offensive substances, roll downhill, and you…” quote by Neal Boortz](https://sms4smile.com/quotes/img-quotes/932/neal-boortz-4250_harvard-university_a-harvard-university-study-showed-that-o_770174.jpg)
““[A] Harvard University study [showed] that, on average, about 22 percent of what you pay for any consumer item or service represents the embedded costs in that item—that is, the embedded costs of our current tax system. Taxes, like some other similarly offensive substances, roll downhill, and you the consumer are standing at the bottom.””
About This Quote
Source Interview: Radio Talk Show, 2005
Consumer prices include hidden tax costs that flow from higher levels to the buyer, making purchases more expensive than they appear.
In simple terms: Taxes hidden in prices affect consumers.
Key Takeaway
Consider hidden costs when buying.
Themes
economics
taxation
consumer awareness
Mood
cautious
informed
Type
educational
analytical
When to use this quote
- shopping
- budget planning
- investment decisions
Key Concepts
public finance
behavioral economics
policy impact
Questions to Reflect On
- What hidden costs do you overlook?
- How can you reduce tax‑burdened purchases?
A Different Perspective
Taxes are not the only hidden fees.
