Quote #14

Every specific tax, as well as the nation's whole tax system, becomes self-defeating above a certain height of the rates.

More from Ludwig von Mises

  1. He who disdains the fall in infant mortality and the gradual disappearance of famines and plagues may cast the first stone upon the materia…
  2. Profits are the driving force of the market economy. The greater the profits, the better the needs of the consumers are supplied.
  3. All varieties of interference with the market phenomena not only fail to achieve the ends aimed at by their authors and supporters, but bri…
  4. A man who chooses between drinking a glass of milk and a glass of a solution of potassium cyanide does not choose between two beverages; he…
  5. All rational action is in the first place individual action. Only the individual thinks. Only the individual reasons. Only the individual a…
  6. All this talk: the state should do this or that, ultimately means: the police should force consumers to behave otherwise than they would be…
  7. . . . [A]s soon as we surrender the principle that the state should not interfere in any questions touching on the individual's mode of lif…
  8. From a correct Marxian point of view [...], all measures designed to restrain, to regulate and to improve capitalism were simply 'petty-bou…

All Ludwig von Mises quotes