Quote of the day—Milton Friedman

Inflation is taxation without legislation.

Milton Friedman
[I was reminded of this by David and it being April 15th.—Joe]

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One thought on “Quote of the day—Milton Friedman

  1. I like that a lot!

    Speaking of taxes reminds me of stumbling onto the IRS website a while ago. They have a quote page on taxes. It’s kindof funny how they have a quote from Justice Oliver Wendell Holmes, saying “I like paying my taxes”, but they don’t quote Justice James Marshall, who said “The power to tax is the power to destroy”.

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