John Maynard Keynes: Tax Avoidance
on Tuesday, April 12, 2011John Maynard Keynes Money Quotation saying avoiding taxes can become more expensive than paying them but carry enough benefit to find all legal means. John Maynard Keynes said:
“The avoidance of taxes is the only intellectual pursuit that carries any reward” — John Maynard Keynes
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In this quote, John Maynard Keynes is making a witty commentary on taxes and intellectual pursuits. He suggests that while activities like philosophy, science, or academics may provide intellectual stimulation or fulfillment, they do not offer concrete “rewards” in the way that avoiding taxes does. By minimizing tax payments through legal loopholes or deductions, one can financially benefit.
So Keynes is jokingly saying the sole “intellectual pursuit” worth engaging in is tax avoidance/evasion, since that is the only intellectual exercise that results in an actual reward rather than simply knowledge. The quote wryly points out the incentive of prioritizing tax reduction over other intellectual interests due to the tangible monetary benefits.
Birthday: June 5, 1883 – Death: April 21, 1946