This quote emphasizes the need for a tax system that encourages certain behaviors and values, namely savings, investment, achievement, innovation, and hard work. It suggests that our tax code should not merely be a tool for generating revenue, but also an instrument for shaping societal values and behaviors.

Savings and investment are essential for both personal and national economic growth. A tax code that promotes savings would encourage individuals to set aside a portion of their income for future use, fostering financial stability. Similarly, tax incentives for investment could stimulate economic activity, as more investments can lead to business expansion, job creation, and wealth generation.

Achievement and innovation are crucial drivers of progress. A tax code that rewards achievement could motivate individuals to strive for excellence and success. Meanwhile, tax incentives for innovation could spur technological advancement and creative problem-solving, which are key to addressing many contemporary challenges.

Hard work is the foundation of personal success and societal prosperity. A tax code that rewards hard work could incentivize individuals to contribute more to society, thereby enhancing productivity and economic growth.

Applying this idea to today’s world, governments could implement tax policies that favor these behaviors and values. For instance, they could provide tax breaks for individuals who save or invest a certain portion of their income, or for businesses that invest in research and development. They could also introduce tax incentives for individuals who achieve certain educational or professional milestones, or for businesses that create jobs or contribute to technological advancement.

In terms of personal development, this idea suggests that individuals should focus on cultivating these values and behaviors, as they are not only beneficial to themselves, but also desirable from a societal perspective. By saving and investing wisely, striving for achievement, embracing innovation, and working hard, individuals can improve their personal financial situation, contribute to societal progress, and potentially benefit from favorable tax policies.