Larry Ellison on Business vs Government
on Friday, August 8, 2014Larry Ellison Money Quotation saying business makes what government takes to give away – taxation without veto authority. Larry Ellison said:
“A corporation’s primary goal is to make money. Government’s primary role is to take a big chunk of that money and give it to others” — Larry Ellison
In this quote, technology executive Larry Ellison seems to be contrasting the objectives of corporations versus the government. He states that a company’s main purpose is to generate profits (“make money”), while the primary function of government is revenue redistribution – taking “a big chunk” of the money corporations earn through taxes and using it to fund public services and welfare programs that benefit others.
Ellison appears to believe businesses should focus on financial gains, while viewing one of government’s core roles more critically as revenue extraction from companies to support wide-ranging social spending.
The quote conveys Ellison’s perspective that profit-seeking is the legitimate aim of private enterprise, while also communicating a skeptical view of taxation as a substantial transfer of wealth away from businesses.