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Uncommon Sense

Pithy sayings and brilliant observations

Taxation through inflation

Inflation is the one form of taxation that can be imposed without legislation.

Author Greg RavenPosted on May 7, 2009November 1, 2018Format QuoteCategories taxationTags Milton Friedman

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“Perhaps the sentiments contained in the following pages, are not yet sufficiently fashionable to procure them general favor; a long habit of not thinking a thing wrong, gives it a superficial appearance of being right, and raises at first a formidable outcry in defense of custom. But the tumult soon subsides.” — Thomas Paine

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