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. β¨ Margaret Thatcher (1989). The revival of Britain: speeches on home and European affairs, 1975-1988
More Author Quotes
- I usually make up my mind about a man in ten seconds, and I very rarely change it. β¨ Margaret Thatcher, Iain Dale (1997). As I said to Denis--: the Margaret Thatcher book of quotations, Robson Book L β¦ βΆ
- The problem with socialism is that you eventually run out of other peoples' money.
- If you lead a country like Britain, a strong country, a country which has taken a lead in world affairs in good times and in bad, a country that is always reliable, then you have to have a touch of i β¦ βΆ
- People are really rather afraid that this country might be rather swamped by people with a different culture. β¨ Margaret Thatcher, Iain Dale (1997). As I said to Denis--: the Margaret Thatcher book o β¦ βΆ
- Constitutions have to be written on hearts, not just paper. β¨ Statecraft: Strategies for a Changing World. Book by Margaret Thatcher, April 16, 2002.
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