A Quote by Margaret Thatcher

Everything a politician promises at election time has to be paid for either by higher taxation or by borrowing.

Margaret Thatcher

Quote Topics

Borrowing Either Election Election Time Everything Higher Paid Politician Promises Taxation Time

Quote Author

Margaret Thatcher
English - Leader
October 13, 1925 - April 8, 2013

I want to explain to everyone that during election season, a politician is always short of time. We are thankful to any politician who takes out time for an interview.

Ravish Kumar

Money is time made tangible - the time invested in the earning of it. Taxation is the confiscation of the earner's time. Although some taxation is necessary, all taxation diminishes freedom.

George Will

If the US government spends 40 percent of the nation's income, as it does through either borrowing or taxes, that income is not available for people to spend. The deficit is an indirect method of taxation. Of course, politicians prefer to borrow instead of tax because then someone down the road has to deal with the consequences.

Milton Friedman

Regarding the Economy & Taxation: America's most successful achievers do pay a higher share of the total tax burden. The top one percent income earners paid 18 percent of the total tax burden in 1981, and paid 25 percent in 1991. The bottom 50 percent of income earners paid only 8 percent of the total tax burden, and paid only 5 percent in 1991. History shows that tax cuts have always resulted in improved economic growth producing more tax revenue in the treasury.

Rush Limbaugh

Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production is a lower output produced. The price that invariably must be paid for taxation, and for every increase in taxation, is a coercively lowered productivity that in turn reduces the standard of living in terms of valuable assets provided for future consumption. Every act of taxation necessarily exerts a push away from more highly capitalized, more productive production processes in the direction of a hand-to-mouth-existence.

Hans-Hermann Hoppe

Government has no wealth, and when a politician promises to give you something for nothing, he must first confiscate that wealth from you -- either by direct taxes, or by the cruelly indirect tax of inflation.

John Wayne

There are no winners in this election [2016]. I paid attention to it for about two months and then it just started to depress me. At least Hillary's [Clinton] a politician, but the fact that you've got a guy from a reality TV show! I have to say, out of everything I've ever watched in sports - the greatest comebacks ever - watching [Donald Trump] get the nomination for the Republican Party is the most astounding thing I've ever seen.

Bill Burr

Others may make you promises, once again, and then election after election not deliver. We will not do this.

Mangosuthu Buthelezi

Candidates run for election on campaign promises, but once they're elected they renege on those promises, which happened with President [Barack] Obama on Guantánamo, the surveillance programs and investigating the crimes of the Bush administration. These were very serious campaign promises that were not fulfilled.

Edward Snowden

While conventional wisdom has traditionally sided against borrowing from retirement savings, sentiment has shifted toward borrowing from one's own assets with the realization that other forms of credit come at a much higher cost and often are not even available to borrowers with limited means and urgent needs.

Elaine Chao

A politician thinks of the next election; a statement of the next generation. A politician looks for the success of his party; a statesman for that of his country. The statesman wishes to steer, while the politician is satisfied to drift.

James Freeman Clarke

We'll set our approach to borrowing, to spending, to taxation, in a sensible way on a sensible timescale.

Douglas Alexander

The man who promises everything is sure to fulfil nothing, and everyone who promises too much is in danger of using evil means in order to carry out his promises, and is already on the road to perdition.

Carl Jung

GST is good idea! It brings hope for a better future. Under the new taxation regime, fruits, vegetables, pulses, wheat, bread and rice are exempted from taxation even as chips, biscuits, butter, tea and coffee are attracting higher taxes. So, that will bring a positive change in our health as well.

Amrapali Gupta

An election marks the end of the affair; it puts paid to the seduction of the many by the few. Pretty words, fulsome promises. We wind up married, but to whom, to what? We cannot always predict with certainty the future leader from the winning candidate. Some men grow in the job; others are diminished by its demands and its grandeur.