If a tax cut increases government revenues, you haven't cut taxes enough. - Milton Friedman

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Engraved portrait of Milton Friedman, facing left

If a tax cut increases government revenues, you haven't cut taxes enough.

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About Milton Friedman

Milton Friedman (31 July 1912 – 16 November 2006) was an American economist noted for his support for free markets and a reduction in the size of government. In 1976 he was awarded a Nobel Prize in Economics.

Biography information from Wikiquote · Portrait adapted from Wikimedia Commons, Bachrach Studios (Public domain / CC0)

Also Known As

Alternative Names: Milton Galbraith Friedman

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Additional quotes by Milton Friedman

A major reason why intellectuals tend to move towards collectivism is that the collectivist answer is a simple one. If there's something wrong pass a law and do something about it. If there's something wrong it's because of some no-good bum, some devil, evil and wicked — that's a very simple story to tell. You don't have to be very smart to write it and you don't have to be very smart to accept it. On the other hand, the individualistic or libertarian argument is a sophisticated and subtle one. If there's something wrong with society, if there's a real social evil, maybe you will make better progress by letting people voluntarily try to eliminate the evil.

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The liberal conceives of men as imperfect beings. He regards the problem of social organization to be as much a negative problem of preventing 'bad' people from doing harm as of enabling 'good' people to do good; and, of course, 'bad' and 'good' people may be the same people, depending on who is judging them.

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