Margaret Thatcher - Money Quotes
13 Sourced Quotes
Imagine a Labour canvasser talking on the doorstep to those East German families when they settle in, on freedom's side of the wall. "You want to keep more of the money you earn? I'm afraid that's very selfish. We shall want to tax that away. You want to own shares in your firm? We can't have that. The state has to own your firm. You want to choose where to send your children to school? That's very divisive. You'll send your child where we tell you." Mr President, the trouble with Labour is that they're just not at home with freedom. Socialists don't like ordinary people choosing, for they might not choose Socialism.
Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay – that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.
And I will go on criticising Socialism, and opposing Socialism because it is bad for Britain – and Britain and Socialism are not the same thing. (...) It's the Labour Government that have brought us record peace-time taxation. They've got the usual Socialist disease – they've run out of other people's money.