Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil

Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil

Michael Bloomberg, the billionaire businessman and former mayor of New York City, is no stranger to the debate over taxes. Throughout his career in both the private and public sectors, Bloomberg has been a vocal advocate for responsible fiscal policy and the importance of paying for essential services through taxation. While he may not be a fan of taxes himself, Bloomberg understands that they are a necessary evil in order to fund the services that society relies on.

Bloomberg has often been criticized for his support of tax increases during his time as mayor, but he has consistently defended his decisions as being in the best interest of the city. He has argued that in order to maintain and improve essential services such as education, public safety, and infrastructure, tax revenue is needed. Bloomberg has also emphasized the importance of a progressive tax system that ensures the wealthy pay their fair share in order to support those who are less fortunate.

In a 2012 interview with the New York Times, Bloomberg stated, “Taxes are not good things, but if you want services, somebody's got to pay for them so they're a necessary evil.” This sentiment reflects Bloomberg's pragmatic approach to governance and his understanding of the trade-offs involved in funding public services. While he may not enjoy paying taxes himself, Bloomberg recognizes that they are essential for a functioning society.

Bloomberg's views on taxes are also reflected in his philanthropic efforts. Through his charitable foundation, Bloomberg has donated billions of dollars to causes such as public health, education, and the environment. He has often stated that he is willing to contribute his wealth to support important causes, but he also believes that government has a responsibility to provide essential services through taxation.