3 ms·
"If it moves tax it. If it keeps moving regulate it. And if it stops moving subsidize it" --Ronald Reagan (b. 1911)
by known 6y ago
"If it moves tax it. If it keeps moving regulate it. And if it stops moving subsidize it" --Ronald Reagan (b. 1911)
- ThePadawan 6y agoI find this really interesting because to me, that sounds like the motivating statement behind a very liberal government. That is, driven by this statement, prostitution and cannabis would have been legalized in the US long ago - after all, why make something illegal if you can instead tax it? (This is my understanding of how Switzerland, where cash is king, does it).
- ThePadawan 6y agoAh, after reading up on the topic, it seems like Reagan said this (pre-presidency) about the US economy (and government) at the time, so it it is supposed to read much more like a criticism than a target. That aligns more with my understanding of Reagan's economic ideas.