Ludwig von Mises Quote

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the advocates of these tax rates fail to realize is that the greater part of the incomes taxed away would not have been consumed but saved and invested.


Planning for freedom, and sixteen other essays and addresses (ed. Libertarian Press, Incorporated, 1980)


The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the...

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the...

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the...

The philosophy underlying the system of progressive taxation is that the income and wealth of the well-to-do classes can be freely tapped. What the...