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." - Meaning and context.">
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.

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.

— Winston Churchill

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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Source: Wikiquote: "Winston Churchill" (Quotes, The 1930s) The 'What it means' explanation text was generated by Google Gemini Flash (accessed February 05, 2026). https://gemini.google.com/app
Winston Churchill

About Winston Churchill

Sir Winston Leonard Spencer Churchill KG OM CH TD FRS PC (November 30, 1874 – January 24, 1965) was a British statesman who served as Prime Minister of the United Kingdom from 1940 to 1945, during the Second World War, and again from 1951 to 1955. Churchill was a Sandhurst-educated soldier, a Nobel Prize-winning writer and historian, a prolific painter, and one of the longest-serving politicians in British history. Apart from two years between 1922 and 1924, he was a Member of Parliament (MP) from 1900 to 1964 and represented a total of five constituencies. Ideologically an economic liberal and imperialist, he was for most of his career a member of the Conservative Party, which he led from 1940 to 1955, though he was a member of the Liberal Party from 1904 to 1924.