Ludwig von Mises: Why Demagogues Score with Taxes on the Rich

„Nothing can make a demagogue more popular today than when he repeatedly calls for sharp taxes against the rich [...] Wealth levies and high income taxes on the larger incomes are quite extraordinarily popular with the masses who do not have to pay them.“

Ludwig von MisesLudwig von Mises explains why demagogues calling for high taxes on the rich are so popular with the masses.
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Ludwig von Mises was an Austrian economist, social philosopher, and one of the leading figures of the Austrian School of economics.

This quote highlights how populist demands for higher taxes on the rich often gain widespread support because the majority is not burdened. It invites reflection on justice and political rhetoric.


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Quote by Ludwig von Mises about how demagogues gain popularity by calling for high taxes on the rich

Ludwig von Mises (1881–1973) was a prominent Austrian economist and social philosopher, known for his contributions to the Austrian School of economics. He significantly influenced libertarian and free-market economic theory and was a critic of socialism and interventionism.

Ludwig von Mises quote about socialism and mass movementsCopyright © yoice.net – Quote Artwork
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"What pushes the masses into the camp of socialism is, even more than the illusion that socialism will make them richer, the expectation that it will curb all those who are better than they themselves are." Ludwig von Mises
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Murray Rothbard quote about wealth, taxation, thrift, and investmentCopyright © yoice.net – Quote Artwork
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"Soaking the rich would not only be profoundly immoral, it would drastically penalize the very virtues: thrift, business foresight, and investment, that have brought about our remarkable standard of living. It would truly be killing the goose that lays the golden eggs." Murray Rothbard
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