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You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains.
Carlos Slim
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"You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains."
— Carlos Slim #moneywealth

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You don't need to raise taxes on rich people, because they create capitalization and investmen…

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You don't need to raise taxes on rich people, because they create capitalization and investment. But you need to tax speculation - meaning capital gains. — Carlos Slim

About Carlos Slim

Carlos Slim was a Businessman from Mexico (1940–present).

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Frequently Asked Questions

Who said "You don't need to raise taxes on rich people, because they create capitalizatio…"?
This quote is attributed to Carlos Slim, a Businessman from Mexico.
When did Carlos Slim live?
Carlos Slim lived from 1940 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.