Been Quote by Grover Norquist
“Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital gains tax, it's been damaged. It's one of those taxes that most clearly damages economic growth and jobs.”
About This Quote
He argues that capital gains tax cuts boost economic growth, while increases harm it, presenting the tax as a growth inhibitor.
In simple terms: Lower capital gains tax helps the economy.
Key Takeaway
Consider tax policy impacts on growth.
Themes
tax policy
economic growth
investment
Mood
analytical
policy‑focused
Type
analysis
discussion
When to use this quote
- legislative debates
- budget planning
- business strategy
Key Concepts
supply‑side economics
fiscal policy
Questions to Reflect On
- How do capital gains taxes affect different income groups?
- What alternative policies could spur growth?
A Different Perspective
Other factors also influence growth beyond this tax.
