Now, I do think when we move into 2012 and '13 when…
“Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground, I would allow the tax rates for upper-income individuals to revert back to where they were before the cuts in the 1990s. I think at that point it makes perfect sense.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
When the economy stabilizes, raising taxes on high earners to pre‑cut levels is reasonable.
In simple terms: Higher taxes on rich after recovery make sense.
Key Takeaway
Support progressive tax policy post‑recovery.
Themes
economics
tax policy
recovery
Mood
analytical
neutral
Type
policy
economic
When to use this quote
- budget planning
- legislative debate
- public finance
- wealth distribution
Key Concepts
progressive taxation
fiscal responsibility
income inequality
Questions to Reflect On
- What are the trade‑offs of raising taxes?
- How to balance growth and equity?
A Different Perspective
Higher taxes may discourage investment.