Big Quote by Paul Romer
“If two firms join together, we want their total tax bill to go up because we don't want more big firms. We'd actually like to have lots more small ones.”
About This Quote
Source Speech: Economic Policy Remarks, 2015, United States
The quote argues that tax policy should discourage large firms and encourage many small businesses to promote competition and diversity.
In simple terms: Tax should favor many small firms over a few big ones.
Design taxes to support small business growth.
Themes
Mood
Type
When to use this quote
- legislative debates
- business strategy sessions
- entrepreneurial planning
Key Concepts
Questions to Reflect On
- How can tax incentives balance competition and efficiency?
- What unintended effects might arise from favoring small firms?
May reduce economies of scale that benefit consumers.