Taxes Quotes by Alan Greenspan

10 Taxes quotes by Alan Greenspan

When you need a quick snapshot of how a former Fed chief frames tax policy, this short list offers his most pointed remarks. It’s a handy primer for anyone curious about his economic perspective.

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Whatever you tax you get less of.

Alan Greenspan

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All taxes are a drag on economic growth. It's only a question of degree.

Alan Greenspan

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I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

Alan Greenspan

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Without the triggers, that tax cut is irreponsible fiscal policy. Eventually, I think that will be the consensus view.

Alan Greenspan

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Deficit spending is simply a scheme for the confiscation of wealth.

Alan Greenspan

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I have long argued that paying down the national debt is beneficial for the economy: it keeps interest rates lower than they…

Alan Greenspan

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I think the whole issue of a debt ceiling makes no sense to me whatsoever. Anybody who is remotely adroit at arithmetic…

Alan Greenspan

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Much fiscal policy is implemented, not through spending increases, but through tax credits and other so-called tax expenditures. The markets should respond…

Alan Greenspan

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I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the…

Alan Greenspan

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Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in…

Alan Greenspan

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More by Alan Greenspan

Crony capitalism is essentially a condition in which... public officials are giving favours to people in the private sector in payment of political favours.

Alan Greenspan

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At the risk of some oversimplification, if the skill composition of our work force meshed fully with the needs of our increasingly complex capital-stock,…

Alan Greenspan

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To succeed, you will soon learn, as I did, the importance of a solid foundation in the basics of education - literacy, both verbal…

Alan Greenspan

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I've always argued that this country has benefited immensely from the fact that we draw people from all over the world.

Alan Greenspan

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I cannot conceive of a politically feasible solution to this problem which will overdo cutting the deficit, where overdoing means harming the economy. It…

Alan Greenspan

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Before I met Ayn Rand, I was a logical positivist, and accordingly, I didn't believe in absolutes, moral or otherwise. If I couldn't prove…

Alan Greenspan

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Skilled shortages in America exist because we are shielding our skilled labor force from world competition. [Visa quotas] have been substituted for the wage…

Alan Greenspan

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A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority…

Alan Greenspan

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Although the outlook is clouded by a number of uncertainties, the central tendencies of the projections .. imply continued good economic performance in the…

Alan Greenspan

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At the outset of the creation of the euro in 1999, it was expected that the southern eurozone economies would behave like those in…

Alan Greenspan

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We may be in a rapidly evolving international financial system with all the bells and whistles of the so-called new economy. But the old-economy…

Alan Greenspan

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The guiding purpose of the government regulator is to prevent rather than to create something.

Alan Greenspan

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“government regulation cannot substitute for individual integrity.”

Alan Greenspan

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...our market system depends critically on trust-trust in the word of our colleagues and trust in the word of those with whom we do…

Alan Greenspan

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It's hard to overemphasize how important Ford's deregulation was. True, most of the benefits took years to unfold-rail freight rates, for example hardly budged…

Alan Greenspan

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