Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.
Margaret ThatcherYes, the Commission wants to increase its powers, Yes, it is a non-elected body and I do not want the Commission to increase its powers at the expense of the House, so of course we differ. The President of the Commission, Mr Delors, said at a press conference the other day that he wanted the European Parliament to be the democratic body of the Community. He wanted the Commission to be the Executive and he wanted the Council of Ministers to be the Senate. No! No! No!
Margaret ThatcherThey are all a rotten lot. Schmidt and the Americans and we are the only people who would do any standing up and fighting if necessary.
Margaret ThatcherYou want to keep more of the money you earn? I'm afraid that's very selfish. We shall want to tax that away. You want to own shares in your firm? We can't have that. The state has to own your firm. You want to choose where to send your children to school? That's very divisive. You'll send your child where we tell you.
Margaret Thatcher