A nation trying to tax itself into prosperity is like a man standing in a bucket and trying to pull himself up by the handles.
About this quote
- What does it mean?
- Taxation alone cannot create economic prosperity.
- In plain terms
- You cannot lift yourself up by your own bootstraps.
- What can you take from it?
- Economic growth requires more than just taxing citizens.
Where it applies
Putting it to work
Questions to consider
- What drives prosperity?
- How should governments fund services?
Another view
Taxation can play a role in funding growth initiatives.
More from Winston Churchill
A modest man, who has much to be modest about.
Permalink to quote #116 An old town clerk looking at European affairs through the wrong end of a municipal drainpipe
Permalink to quote #118 Although prepared for martyrdom, I preferred that it be postponed. (to be found in 'My Early Life', the story of his first 25 years).
Permalink to quote #115
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