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Summary
“For a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle”. By itself, that’s quite an amusing statement, isn’t it? However, there is more to it than first meets the eye. Mainly because of the person credited with saying it. One Winston Churchill. A man who, when he was alive, very well understood the crippling nature of taxe
Key Claims
- © 2024. Property Sharemarket Economics May 2024 Tax Freedom Day 2024 — confidence: medium
- Akhil Patel Director Akhil is one of the world’s leading experts in economic, financial and property cycles. He has been working with Phillip J Anderson for over a decade to produce unique research that combines an in- depth understanding of business, real estate, and stock market cycles. — confidence: medium
- Darren Wilson Editor in Chief Darren is the former Australian Technical Analysts Association (ATAA) ACT Chapter President, General Manager of Property Sharemarket Economics (PSE), Editor of the Boom Bust Bulletin, Investor and trader according to the 18.6-year Real Estate Cycle. — confidence: medium
Notable Quotes
“Source – The Australian Financial Review Victorian property and business owners must consider the analogy apt.”
“Because when the truth is exposed like this of just how crippling they are to your financial well-being, there would be riots in every capital city.”
“And the truth is it’s the biggest single expense you’ll pay for the duration of your lifetime!”