"We will have bigger bureaucracies, bigger labor unions, and bigger state-run corporations. It will be harder to be an entrepreneur because of punitive taxes and regulations. The rewards of success will be expropriated for the sake of attaining greater income equality"
- Arthur C. Brooks
About this Quote
This quote by Arthur C. Brooks suggests that in the future, federal governments will become more powerful and governmental, labor unions will end up being more prominent, and state-run corporations will become bigger. This will make it harder for entrepreneurs to succeed due to increased taxes and regulations. Moreover, the benefits of success will be eliminated from business owners and redistributed to attain greater income equality. This quote indicates that governments will end up being more involved in the economy and that the gap in between the wealthy and the bad will be minimized.
This quote is written / told by Arthur C. Brooks somewhere between May 21, 1964 and today. He/she was a famous Author from USA.
The author also have 12 other quotes.