Whatever you tax, you get less of.
More Quotes from Alan Greenspan:
in more vulnerable countries where (the principal bank's) guarantee is more likely to be called upon and (where) cost might deter some aberrant borrowing.Alan Greenspan
I think that the market is ultimately driven by real forces, ... Once you get a decline started, it's not clear whether people use that as a reason to sell or buy.
Alan Greenspan
Over most of the past several years, the behavior of unit labor costs has been quite subdued, ... But those costs have turned up of late, and whether the favorable trends of the past few years will be maintained is unclear.
Alan Greenspan
Despite the tightest labor markets in a generation, more workers report in a prominent survey that they are fearful of losing their jobs than similar surveys found in 1991 at the bottom of the last recession, ... The marked move of capital from failing to technologies to those at the cutting edge has quickened the pace at which job skills become obsolete.
Alan Greenspan
The Federal Reserve has been unable to find any credible purpose for the huge balance sheets built by Fannie and Freddie other than the creation of profit through the exploitation of the market-granted subsidy,
Alan Greenspan
The scale and scope of higher education in America was being shaped by the recognition that research -- the creation of knowledge --complemented teaching and training -- the diffusion of knowledge,
Alan Greenspan
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Tax QuotesIf a politician murders his mother, the first response of the press or of his opponents will likely be not that it was a terrible thing to do, but rather that in a statement made six years before he had gone on record as being opposed to matricide.
Meg Greenfield
If an individual is born with the obligation to obey, who is born with the right to command?
Tom G. Palmer
I think that everyone should be able to dribble. Everyone should be able to pass. Otherwise, why are you out there?
Oscar Robertson