Quote by James M. Buchanan on Taxes and Spending

„If you are going to spend for one group, you have to spend the same for every group, just like if you tax one group you have to tax everybody. You have to go back to having more general laws, more general taxes and more general spending programs.“

James M. BuchananJames M. Buchanan on the necessity of general taxes and spending for all groups in economic policy.
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James M. Buchanan was an American economist and Nobel laureate, known for his work on public choice theory.

A quote by James M. Buchanan on equal treatment in spending and taxation in economic policy.


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James M. Buchanan quote about equal taxation and government spending

James M. Buchanan (1919–2013) was an American economist best known for developing public choice theory, analyzing political behavior using economic principles. He was awarded the Nobel Prize in Economic Sciences in 1986.

Milton Friedman quote about government spending and financial incentivesCopyright © yoice.net – Quote Artwork
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"When a man spends his own money to buy something for himself, he is very careful about how much he spends and how he spends it. When a man spends his own money to buy something for someone else, he is still very careful about how much he spends, but somewhat less what he spends it on. When a man spends someone else's money to buy something for himself, he is very careful about what he buys, but doesn't care at all how much he spends. And when a man spends someone else's money on someone else, he does't care how much he spends or what he spends it on. And that's government for you." Milton Friedman
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James M. Buchanan on State Function and Optimal Government SizeJames M. Buchanan quote about government functions, public services, and optimal government sizeCopyright © yoice.net – Quote ArtworkQuote image featuring a quote by Oswald SpenglerCopyright © yoice.net – Quote ArtworkQuote by Oswald Spengler: Optimism is cowardice