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Business Quote by Nicholas Negroponte

“Taxes will eventually become a voluntary process, with the possible exception of real estate-the one physical thing that does not move easily and has computable value ... wait until that's all there is left to tax, when the rest of the things we buy and sell come from everywhere, anywhere, and…” quote by Nicholas Negroponte
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“Taxes will eventually become a voluntary process, with the possible exception of real estate-the one physical thing that does not move easily and has computable value ... wait until that's all there is left to tax, when the rest of the things we buy and sell come from everywhere, anywhere, and nowhere.”

Nicholas Negroponte

About This Quote

Source Interview: Wired Magazine, 1999

Taxation will shift to voluntary contributions as physical assets become scarce.

In simple terms: Future taxes may be voluntary.

Key Takeaway

Prepare for decentralized fiscal models.

Themes

taxation voluntary economics technology future

Mood

analytical speculative

Type

economic technological

When to use this quote

  • online marketplaces
  • cryptocurrency
  • real estate investment
  • government policy

Key Concepts

digital economy property rights tax reform

Questions to Reflect On

  • Will people contribute without compulsion?
  • How to ensure fairness?
A Different Perspective

Voluntary systems may lack enforcement mechanisms.

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