Progressive taxation of income and profits means that precisely those parts of the income which people would have saved and invested are taxed away
Ludwig von MisesA country becomes more prosperous in proportion to the rise in the invested capital unit per unit of its population.
Ludwig von MisesWhat those people who ask for equality have in mind is always an increase in their own power to consume.
Ludwig von MisesHistory can tell us what happened in the past. But it cannot assert that it must happen again in the future.
Ludwig von MisesUnder a socialist mode of production all personal incentives which selfishness provides under capitalism are removed, and a premium is put upon laziness and negligence. Whereas in a capitalist society selfishness incites everyone to the utmost diligence, in a socialist society it makes for inertia and laxity.
Ludwig von Mises