Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page [501-520] of 579 Economics quotesEconomics QuotesEconomics Previous 20 quotes Next 20 quotes I'm never quite sure what you mean by consensus politics. I believe that what most people want in their lives, is what the Conservative Party wants to have for them. I believe that our policies are fundamentally common sense policies. Just let's take taxation for an example. Wherever I go I hear enormous resentment about the amount which people are paying out of their own pay packet in tax. And, this goes right across the income ranges. Socialism started by saying it was going to tax the rich, very rapidly it was taxing the middle income groups. Now, it's taxing people quite highly with incomes way below average and pensioners with incomes way below average. You look at the figure on the beginning of a pay slip, sometimes it can look quite high, look along the slip to the other end, and see how many deductions you've had off, those deductions have increased enormously under Socialism ... Public expenditure, which they always boast about, is financed out of the pay packet in our pockets. People are saying that they really think too much is being taken out of the pay packet for someone to spend on their behalf, and they'd rather be left with more, and it's now well-known that Socialist Governments put up taxes and Conservative Governments take them down. It's part of our fundamental belief giving the people more choice to spend their own money in their own way.~ Margaret Thatcher Socialist governments traditionally do make a financial mess. They always run out of other people's money.~ Margaret Thatcher But don't forget that we fought a 1974 election on saying really that pay couldn't go on going up as it was. The important thing … you must never look at pay on its own, what you've got to look at is pay in relation to the amount produced. It's when those two get badly out of line that you get inflation. And now obviously, we've got very much higher pay, but we're producing less than we were in 1970, so it's the relationship that you've got to watch. Don't look at pay separately. Once you start to cut off a man's pay from the fruits of his labour, he will inevitably feel enormous resentment. If he's going to work harder, of course he deserves more pay, and he doesn't want it all taken away in tax. But there are two sides of the equation you've got to look at.~ Margaret Thatcher A gun gives you the body, not the bird.~ Henry David Thoreau The creation of money exclusively as debt is the critical, destabilizing flaw in the American Economy.~ Theodore R. Thoren Nelson Rockefeller was in the forefront of the struggle to establish not only an American system of political and economic security but a new world order.~ New York Times Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal -- that there is no human relation between master and slave.~ Leo Nikolaevich Tolstoi It is said, mostly by Libertarians, that ‘taxation is theft.’ Theft is too mild a word. Typically, a thief strikes only once, and doesn’t pretend that his robbery is legitimate. Taxation is actually slavery.~ Rick Tompkins Mr. Speaker, we are now in Chapter 11... Members of Congress are official trustees presiding over the greatest reorganization of any bankrupt entity in world history.~ James A. Traficant, Jr. Mr. Speaker, in 1848, Karl Marx said, a progressive income tax is needed to transfer wealth and power to the state. Thus, Marx's Communist Manifesto had as its major economic tenet a progressive income tax. Think about it, 1848 Karl Marx, Communism.... I say it is time to replace the progressive income tax with a national retail sales tax, and it is time to abolish the IRS, my colleagues. I yield back all the rules, regulations, fear, and intimidation of our current system.~ James A. Traficant, Jr. As against the "invisible hand" of Adam Smith, there has to be a visible hand of politicians whose objective is to have the kind of society that is caring and humane.~ Pierre Trudeau A banker is a fellow who lends you his umbrella when the sun is shining and wants it back the minute it begins to rain.~ Mark Twain I wasn't worth a cent two years ago, and now I owe two million dollars.~ Mark Twain A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.... The average age of the world's greatest civilizations has been two hundred years. These nations have progressed through this sequence: from bondage to spiritual faith; from spiritual faith to great courage; from great courage to liberty; from liberty to abundance; from abundance to selfishness; from selfishness to complacency; from complacency to apathy; from apathy to dependence; from dependency back again to bondage.~ Sir Alex Fraser Tytler A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largess of the public treasury. From that time on the majority always votes for the candidates promising the most benefits from the public treasury, with the results that a democracy always collapses over loose fiscal policy, always followed by a dictatorship.~ Sir Alex Fraser Tytler No state shall emit bills of credit, make any thing but gold and silver coin a tender in payment of debts, coin money...~ United States Constitution No State shall... coin money; emit bills of credit; make any thing but gold and silver coin a tender in payment of debts...~ United States Constitution To lay with one hand the power of the government on the property of the citizen, and with the other to bestow it upon favored individuals to aid private enterprises and build up private fortunes, is nonetheless a robbery because it is done under the forms of law and is called taxation. This is not legislation. It is a decree under legislative forms.~ United States Supreme Court Because of what appears to be a lawful command on the surface, many Citizens, because of their respect for what appears to be law, are cunningly coerced into waiving their rights due to ignorance.~ United States Supreme Court Our tax system is based upon voluntary assessment and payment, not upon distraint.~ United States Supreme Court Previous 20 quotes Next 20 quotes Share on Facebook Tweet Email Print