Quote by Wolfgang Streeck on Taxes, Public Debt, and Social Inequality

„Higher taxes to bring down public debt would also put to rest the tawdry rhetoric according to which ‘we’ should not live at the expense of ‘our children’ – when the real problem is that the ‘better-off’ live at everyone else’s expense by largely avoiding the social costs involved in the upkeep of their hunting grounds.“

Wolfgang StreeckWolfgang Streeck criticizes social inequality and tax policy in the context of public debt in this quote.
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Wolfgang Streeck is a German sociologist.

Wolfgang Streeck criticizes social inequality and the avoidance of social burdens by the wealthy in the context of public debt.


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Wolfgang Streeck quote about higher taxes, public debt, and social inequality

Wolfgang Streeck is a German sociologist and emeritus director at the Max Planck Institute for the Study of Societies in Cologne. He has made significant contributions to sociology and social research, and is known for his work on societal and economic issues.

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"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 Mises
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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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