Friday, 1 September 2017

Quote of the Day: “When the govt makes loans or subsidies…”


Hazlitt

“When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.”
~  Henry Hazlitt

1 comment:

Anonymous said...

I'm wandering around Hong Kong at the moment and ponder the question of how much the US taxpayers have subsidised the many wealthy Tesla buyers here.

3:16