Henry Hazlitt Quote

The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax burden grows beyond a bearable size, the problem of devising taxes that will not discourage and disrupt production becomes insoluble.

Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics (ed. Crown Business, 2010) - ISBN: 9780307760623