Economics Quote by Joseph Stiglitz

Higher taxes never reduce the deficit. Governments spend whatever they take in and then whatever they can get away with.

— Milton Friedman

The level of taxation is driven by spending. Less spending leads to lower taxes.

— Gregory D Hess

If you raise taxes, it won't reduce the deficit. The other team will simply spend the resources.

— Grover Norquist

Well, a deficit reflects an imbalance between spending and revenue, and so narrowing it requires acting on one, the other or both.

— Anonymous

It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the…

— John F. Kennedy

Budget deficits are not caused by wild-eyed spenders, but by slow economic growth and periodic recessions. And any new recession would break all deficit…

— John F. Kennedy

We all know that lower taxes will grow our economy and make our nation stronger.

— Matt Rosendale

We want to make sure that tax reform doesn't increase the size of the deficit.

— Steve Mnuchin

The tax rate increases reduce economic growth; they shrink the pie; they cause more poverty, more despair, more unemployment, which are all things government…

— Arthur Laffer

Obama and the Democrats' preposterous argument is that we are just one more big tax increase away from solving our economic problems. The inescapable…

— Bob Beauprez

Lower rates of taxation will stimulate economic activity and so raise the levels of personal and corporate income as to yield within a few…

— John F. Kennedy

If you keep tax cuts for the wealthiest, it won't stimulate the economy, but it will add to the deficit. And, really, what we…

— Heather Boushey