Impacts Quote by Kevin Brady

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

When the time comes to raise rates, I do think there will be some benefits that flow through to savers.

— Janet Yellen

Here's the problem if you keep raising tax rates: You slow down economic growth.

— Paul Ryan

Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues.

— Mike Pence

Lowering the middle-class tax rate... will likely lower work efforts and increase government dependence.

— Edward Conard

I really do believe most people understand raising tax rates is bad for the economy, it costs jobs. It actually in the long term…

— Tom Cole

Beware of politicians who tell you they'll do all these wonderful things for you for only a small tax increase. Those tax increases are…

— Fabrizio Moreira

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

I will never support any tax increase on middle-income earners, ever... If you're not going to eliminate loopholes and exemptions, then I wouldn't support…

— Adam Hasner

There are all these studies out there. But let's get at the bottom line. That is, I want to bring down rates. I want…

— Mitt Romney

The fact is that if you are lowering the rates the way you described, Governor, then it is not possible to come up with…

— Barack Obama

Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are…

— Christina Romer