Raising taxes Quote by Mitt Romney
“Look, the revenue I get is by more people working, getting higher pay, paying more taxes. That's how we get growth and how we balance the budget. But the idea of taxing people more, putting more people out of work, you'll never get there. You'll never balance the budget by raising taxes.”
About This Quote
Source Speech: Economic Policy Address, 2012
Economic growth stems from higher employment and wages, not higher taxes; raising taxes harms jobs and budget balance.
In simple terms: Growth comes from work and pay, not taxes.
Key Takeaway
Focus on job creation over tax hikes.
Themes
economics
public policy
taxation
employment
budget balance
Mood
analytical
concerned
Type
policy
economic
When to use this quote
- government budgeting
- business strategy
- personal finance
- legislative debate
Key Concepts
fiscal policy
labor economics
tax theory
Questions to Reflect On
- Can tax reforms improve revenue without harming jobs?
- What alternatives exist for balancing budgets?
A Different Perspective
Higher taxes may reduce incentives and hurt growth.
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