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Politicians will always spend every penny of tax raised and whatever else they can get away with.
-Milton Friedman
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Politicians Will Always Spend Every Penny Of

Milton Friedman
Politicians will always spend every penny of tax raised and whatever else they can get away with.
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Pennies Politician Get Away

More From Milton Friedman

If you spend your own money on yourself, you care how much you spend and how well you spend it. if you spend your own money on someone else, you care how much you spend, but you don't care how well it is spent. if you spend someone else's money on yourself, you don't care how much you spend, but you do care how well it is spent. and finally, if you spend someone else's money on someone else, you don't care how much you spend, and you don't care how well it is spent. that is government.
Government Care Wells
It is easier to start taxes than to stop them. a tax an inch long can easily become a yard long. that has been the history of the income tax. would not the sales tax be likely to have a similar history [in the u.s.]? ... canadian newspapers report that an increase in the sales tax threatens to drive the mackenzie king administration out of office. canada began with a sales tax of 2%.... starting this month the tax is 6%. the burden, in other words, has already been increased 200% ... what the u.s. needs is not new taxes, is not more taxes, but fewer and lower taxes.
Kings Long Office
Assuming that a tax increase is necessary, it is clearly preferable to impose the additional cost on land by increasing the land tax, rather than to increase the wage tax - the two alternatives open to the city (of pittsburgh). it is the use and occupancy of property that creates the need for the municipal services that appear as the largest item in the budget - fire and police protection, waste removal, and public works. the average increase in tax bills of city residents will be about twice as great with wage tax increase than with a land tax increase.
Fire Average Land
Millions and millions of people don't pay an income tax, because they don't earn enough to pay on one, but you pay a land tax whether it ever did or ever will earn you a penny. you should pay on things that you buy outside of bare necessities. i think this sales tax is the best tax we have had in years.
Thinking Years Land
The fact is that in england so many of our politicians are career politicians - they've always been politicians since they left their education. and in the old days of course politicians used to be fish mongers or doctors or whatever. they'd lived life. these days, power seems to go to the hands of people that that's all they've done. and i'm not sure that's a good thing, because it does remove them from the realities of life.
Reality People Done
Regarding the economy & taxation: america's most successful achievers do pay a higher share of the total tax burden. the top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. the bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. history shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.
Success Cutting America
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