AtomicQuote

Henry Hazlitt Quote

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

Henry Hazlitt

When the government makes loans or subsidies to business, what it does is to tax successful private business in order to support unsuccessful private business.

Tags: inefficiency, inefficient, taxation, waste, wasting

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About Henry Hazlitt

Henry Stuart Hazlitt (; November 28, 1894 – July 9, 1993) was an American journalist who wrote about business and economics for such publications as The Wall Street Journal, The Nation, The American Mercury, Newsweek, and The New York Times.