• Reproduced in The Collected Essays of Sir Winston Churchill, Vol IV, Churchill at Large, Centenary Edition (1976), Library of Imperial History, p. 335.
We have pushed taxation of wealth to a point in Great Britain where in many cases the yield would be greater if the rate were less. The idea that prosperity can be wooed by chasing millionaires is one of the most common and most foolish of modern popular delusions.
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "We have pushed taxation of wealth to a point in Great Britain where in many cases the yield would be greater if the rate were less. The idea that prosperity can be wooed by chasing millionaires is one of the most common and most foolish of modern popular delusions." in the context of "Soapbox Messiahs, Collier's, 20 June 1936
• Reproduced in The Collected Essays of Sir Winston Churchill, Vol IV, Churchill at Large, Centenary Edition (1976), Library of Imperial History, p. 335. " to mean that wisdom is timeless.
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