You don't get gushers of revenue by raising tax rates. You…
“You don't get gushers of revenue by raising tax rates. You get it through expansion.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Economic growth, not higher taxes, drives revenue; expanding the tax base yields more income.
In simple terms: Growth, not tax hikes, creates revenue.
Key Takeaway
Focus on expanding economic activity.
Themes
economics
tax policy
growth
Mood
analytical
pragmatic
Type
policy
economic
When to use this quote
- business expansion
- infrastructure investment
- job creation
- tax reform
Key Concepts
fiscal policy
public finance
Questions to Reflect On
- How can policymakers encourage growth without raising rates?
- What sectors best drive expansion?
A Different Perspective
Higher taxes may still be politically necessary.