The government has no source of money other than the money people earn themselves. If government wants to spend more, it can only do so by borrowing your savings or by taxing you more. And it's 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.

British PM, Iron Lady

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Details

Context

Interview with Woman's Own magazine

Date / Period

1987

Category

Shocking

Source

https://www.margaretthatcher.org/document/106689

Verification

Unverifiable

Explanation

Found in 1 providers: grok

Method

Cross Reference

Sources Checked

1 source

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