Famous quote by Paul Getty

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Governments, of course, can - and do - soak the rich
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"Governments, of course, can - and do - soak the rich"

- Paul Getty

About this Quote

This quote by Paul Getty recommends that federal governments have the power to tax the wealthy at a higher rate than the basic population. This is frequently carried out in order to rearrange wealth and supply more resources to those who are less lucky. It is a way for federal governments to ensure that the wealthy are contributing their reasonable share to society. This quote likewise indicates that governments have the authority to enforce taxes on the rich, which the rich should not be exempt from paying taxes. This is an essential idea in a democratic society, as it guarantees that everybody is contributing to the typical good. By taxing the wealthy, governments can supply more resources to those who need it most, and assist to produce a more equitable society.

About the Author

Paul Getty This quote is written / told by Paul Getty between September 7, 1932 and April 17, 2003. He was a famous Businessman from USA. The author also have 31 other quotes.

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