“There's a sense in which all taxes are antagonistic to free enterprise … and yet we need taxes.”

— Milton Friedman

As quoted in The Times Herald, Norristown, Pennsylvania (1 December 1978)
Context: There's a sense in which all taxes are antagonistic to free enterprise … and yet we need taxes. We have to recognize that we must not hope for a Utopia that is unattainable. I would like to see a great deal less government activity than we have now, but I do not believe that we can have a situation in which we don't need government at all. We do need to provide for certain essential government functions — the national defense function, the police function, preserving law and order, maintaining a judiciary. So the question is, which are the least bad taxes? In my opinion the least bad tax is the property tax on the unimproved value of land, the Henry George argument of many, many years ago.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "There's a sense in which all taxes are antagonistic to free enterprise … and yet we need taxes." by Milton Friedman?

Milton Friedman 158

American economist, statistician, and writer 1912–2006

Related quotes

“We don't need a flat tax, but a flattening tax, to truly level the playing field.”

Jello Biafra (1958) singer and activist

Address to the US Green Party

“We stand for lower, simpler, fairer taxes, not great big new taxes that damage Australia's economy, not great big new taxes that are yet another hit on the cost of living of struggling Australian families.”

Tony Abbott (1957) Australian politician

2010

“The colonists, it seems, had to "pay taxes to which their consent had never been asked." [Footnote: Today we pay taxes but our consent has been asked, and we have told the government to go ahead and tax us all they want to. We like it. ]”

Will Cuppy (1884–1949) American writer

The Decline and Fall of Practically Everybody (1950), Part V: Merrie England, George III

“It is fair that each man shall pay taxes in exact proportion to the value of his property; but if we should wait before collecting a tax to adjust the taxes upon each man in exact proportion with every other man, we should never collect any tax at all.”

Abraham Lincoln (1809–1865) 16th President of the United States

1860s, Speeches to Ohio Regiments (1864), Speech to the One Hundred Sixty-fourth Ohio Regiment
Context: I say this in order to impress upon you, if you are not already so impressed, that no small matter should divert us from our great purpose. There may be some irregularities in the practical application of our system. It is fair that each man shall pay taxes in exact proportion to the value of his property; but if we should wait before collecting a tax to adjust the taxes upon each man in exact proportion with every other man, we should never collect any tax at all. There may be mistakes made sometimes; things may be done wrong while the officers of the Government do all they can to prevent mistakes. But I beg of you, as citizens of this great Republic, not to let your minds to carried off from the great work we have before us. This struggle is too large for you to be diverted from it by any small matter.

“We need to simplify our tax code. We need to make sure that it’s not too cumbersome for people to be able to comply with. And that they don’t end up spending more money trying to file their taxes than they do actually paying in.”

Kristi Noem (1971) South Dakota politician

Woster, Kevin. Noem ad: poignant or political? http://www.rapidcityjournal.com/news/opinion/columnists/local/article_af98dacc-5a2f-11df-96dc-001cc4c002e0.html Rapid City Journal. May 9, 2010.

“I think that repealing or doing away with the corporate income tax is simply getting us back to where we were. We need to understand that the corporate income tax is a double tax, that we all own the corporations and that when income gets distributed to us we pay the tax on that. So we have the highest corporate income tax in the world right now, let's abolish it, let's make it the way that it was to begin with, and that will literally create tens of millions of jobs overnight because this country will be the only place to establish, grow, nurture business. Why won't that happen?”

Gary Johnson (1953) American politician, businessman, and 29th Governor of New Mexico

Statement at FOX News Debate
YouTube
2011-05-05
http://youtu.be/QRPrZxHUqsA
2012-02-24
Economic Policy

“Question: What about a tax to fund the war in Afghanistan?
Ron Paul: Oh no… We don't need any of those wars… You don't raise taxes, that will only encourage them, what we need is to take all this money away from them, and say, bring the troops home…”

Ron Paul (1935) American politician and physician

Washington Journal, C-Span, December 3, 2009 http://www.youtube.com/watch?v=_sL0ivIil3w
2000s, 2006-2009

“We have no plans to increase tax at all.”

Tony Blair (1953) former Prime Minister of the United Kingdom

Philip Bassett, "Blair pledges he will not raise tax", The Times, 21 September 1995, p. 1.
Response to questioning about Labour Party tax plans at a CBI seminar in Birmingham, 20 September 1995.
1990s

“No free country will ever again have anything like the 90 percent tax rates that we had in this country. Past a certain point, high marginal tax rates are, indeed, terribly destructive.”

Lawrence H. Summers (1954) Former US Secretary of the Treasury

David Wessel, The Wall Street Journal (April 5, 1998) "Rich now pay more in taxes", Mobile Register, p. F1.
1990s

“By comparative standards, the country is undertaxed. And it's also regressively taxed, the tax burden falls mostly on the poor. What we need is a progressive tax system, of, incidentally, the kind that Jefferson advocated. You know, traditional libertarians, like Jefferson, advocated sharply progressive taxes, because they wanted a system of relative equality, knowing that that's a prerequisite for democracy. Jefferson specifically advocated it. We don't have it anymore, it's sort of there in legislation but it's gone. What we need is different social policies. And social policies which ought to be funded by the people who are going to benefit from it, that's the general public. So we'd be a lot better off if we were higher taxed, and it was used for proper purposes. And we know what those are. I mean, for example, for women taking care of children. You know, it makes sense to pay them for that work, they're doing important work for the society. [applause] And they should be paid for it, but that requires tax payments. And the same is true about protection of the environment.”

Noam Chomsky (1928) american linguist, philosopher and activist

Quotes 1990s, 1995-1999, Education and Democracy, 1995

“There's a sense in which all taxes are antagonistic to free enterprise … and yet we need taxes.”

Help us to complete the source, original and additional information

Milton Friedman 158

Related quotes

Related topics