We have a system that increasingly taxes work and subsidizes non-work.
About this quote
- What does it mean?
- The current system discourages working by taxing it while rewarding not working.
- In plain terms
- Work is taxed heavily while not working is supported financially.
- What can you take from it?
- Tax policies should avoid discouraging work.
Where it applies
Putting it to work
Questions to consider
- How do taxes affect work choices?
- What supports non-work?
Another view
This assumes all work is economically productive.
More from Milton Friedman
We don't have a desperate need to grow. We have a desperate desire to grow.
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