--- title: "Meaning & Key Takeaway of: There are all these studies out there…" description: "\"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 to bring the rates down, at the sa..." image: "https://sms4smile.com/quotes/i/ace/mitt-romney-268_bottom-line_there-are-all-these-studies-out-there-bu_1696917.jpg" --- # There are all these studies out there. But let's get at… ![“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 to bring the rates down, at the same time lower deductions and exemptions and credits and so forth, so we keep getting the revenue we need. And you'd think, well, then why lower the…” quote by Mitt Romney](https://sms4smile.com/quotes/i/ace/mitt-romney-268_bottom-line_there-are-all-these-studies-out-there-bu_1696917.jpg) [Download](https://sms4smile.com/quotes/i/ace/mitt-romney-268_bottom-line_there-are-all-these-studies-out-there-bu_1696917.jpg) [Open image](https://sms4smile.com/quotes/i/ace/mitt-romney-268_bottom-line_there-are-all-these-studies-out-there-bu_1696917.jpg) > “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 to bring the rates down, at the same time lower deductions and exemptions and credits and so forth, so we keep getting the revenue we need. And you'd think, well, then why lower the rates?” [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker argues for lowering tax rates while also reducing deductions and credits to maintain revenue. **In simple terms:** Lower rates, keep revenue by cutting loopholes. Key Takeaway Balance tax cuts with revenue needs. Themes tax policy fiscal responsibility government revenue tax reform economic growth Mood analytical critical Type policy economic When to use this quote - legislative proposals - budget planning - public finance - policy debate Key Concepts progressive taxation tax base broadening budget neutrality Questions to Reflect On - How can revenue be sustained without harming equity? - What alternatives exist to tax cuts for revenue? A Different Perspective Reducing deductions may disproportionately affect low‑income taxpayers. ★ ★ ★ ★ ★ No ratings yet [Bottom line](https://sms4smile.com/quotes/about/bottom-line/) [Getting Revenue](https://sms4smile.com/quotes/about/getting-revenue-1110987/) [Lower Deductions](https://sms4smile.com/quotes/about/lower-deductions-1110984/) [Lower Rates](https://sms4smile.com/quotes/about/lower-rates-424524/) [Rates Want](https://sms4smile.com/quotes/about/rates-want-1110985/) [Revenue Need](https://sms4smile.com/quotes/about/revenue-need-1110986/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [The second area, taxation, we agree, we ought to bring the tax rates down. And I do, both for corporations and for individuals. But…](https://sms4smile.com/quotes/mitt-romney/the-second-area-taxation-we-agree-we-ought-to-bring-the-tax-rates/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [We are all used to paying a sales tax when we buy things - almost 9 percent here in New York City. The application…](https://sms4smile.com/quotes/eliot-spitzer/we-are-all-used-to-paying-a-sales-tax-when-we-buy-things-almost-9/) [Eliot Spitzer](https://sms4smile.com/quotes/author/eliot-spitzer/) > [We had 90 percent rates, but nobody paid them. And so you had all these exemptions, exclusions, shelters, all this kind of stuff. And…](https://sms4smile.com/quotes/rick-santorum/we-had-90-percent-rates-but-nobody-paid-them-and-so-you-had-all-these/) [Rick Santorum](https://sms4smile.com/quotes/author/rick-santorum/) > [However, in spite of the general perception that monetary policy should be conducted so as to avert deflation, a central bank cannot lower interest…](https://sms4smile.com/quotes/toshihiko-fukui/however-in-spite-of-the-general-perception-that-monetary-policy/) [Toshihiko Fukui](https://sms4smile.com/quotes/author/toshihiko-fukui/) > [There have been times when the Federal Reserve has restricted the money supply and raised interest rates to gain an end, which had much…](https://sms4smile.com/quotes/wright-patman/there-have-been-times-when-the-federal-reserve-has-restricted-the/) [Wright Patman](https://sms4smile.com/quotes/author/wright-patman/) > [It would be helpful if someone would lay out exactly the economic mechanism that gets us from yet lower interest rates to actual economic…](https://sms4smile.com/quotes/jerry-a-webman/it-would-be-helpful-if-someone-would-lay-out-exactly-the-economic/) [Jerry A. Webman](https://sms4smile.com/quotes/author/jerry-a-webman/) > [It's time to level the playing field for small business owners and give them the same health care choices that large corporations have. Because…](https://sms4smile.com/quotes/jeff-merkley/it-s-time-to-level-the-playing-field-for-small-business-owners-and/) [Jeff Merkley](https://sms4smile.com/quotes/author/jeff-merkley/) > [Everybody will have lower rates, better quality, and better access.](https://sms4smile.com/quotes/nancy-pelosi/everybody-will-have-lower-rates-better-quality-and-better-access/) [Nancy Pelosi](https://sms4smile.com/quotes/author/nancy-pelosi/) > [I think the millions of people who had been able to renegotiate their mortgages so they are paying lower interest rates are better off.](https://sms4smile.com/quotes/david-axelrod/i-think-the-millions-of-people-who-had-been-able-to-renegotiate-their/) [David Axelrod](https://sms4smile.com/quotes/author/david-axelrod/) > [Multimillionaires cannot pay lower rates than their secretaries and other people working for them.](https://sms4smile.com/quotes/hillary-clinton/multimillionaires-cannot-pay-lower-rates-than-their-secretaries-and/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [Businesses and households react to lower rates by investing and spending more. Lower rates also support the prices of housing and financial assets such…](https://sms4smile.com/quotes/jerome-powell/businesses-and-households-react-to-lower-rates-by-investing-and/) [Jerome Powell](https://sms4smile.com/quotes/author/jerome-powell/) > [Starting in the '80s or so, after the United States sharply cut its rates, other countries decided they better do it too, and here's…](https://sms4smile.com/quotes/t-r-reid/starting-in-the-80s-or-so-after-the-united-states-sharply-cut-its/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [If you get rid of all these giveaways and loopholes and deductions and credits, then you can sharply lower the rates.](https://sms4smile.com/quotes/t-r-reid/if-you-get-rid-of-all-these-giveaways-and-loopholes-and-deductions/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) > [Close loopholes, close the special interest Washington carve outs and that means more incomes subject to taxation so we're going to lower the rates…](https://sms4smile.com/quotes/paul-ryan/close-loopholes-close-the-special-interest-washington-carve-outs-and/) [Paul Ryan](https://sms4smile.com/quotes/author/paul-ryan/) > [There's a tradeoff. Yeah, I lose the deduction that I really like, but my tax rate is going to go down, and I don't…](https://sms4smile.com/quotes/t-r-reid/there-s-a-tradeoff-yeah-i-lose-the-deduction-that-i-really-like-but/) [T.R. Reid](https://sms4smile.com/quotes/author/t-r-reid/) ## More by Mitt Romney > [I look at what's happening around the world and I see Iran four years closer to a bomb. I see the Middle East with…](https://sms4smile.com/quotes/mitt-romney/i-look-at-what-s-happening-around-the-world-and-i-see-iran-four-years/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I would like to have campaign spending limits.](https://sms4smile.com/quotes/mitt-romney/i-would-like-to-have-campaign-spending-limits/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I believe in my Mormon faith, and I endeavor to live by it. My faith is the faith of my fathers - I will…](https://sms4smile.com/quotes/mitt-romney/i-believe-in-my-mormon-faith-and-i-endeavor-to-live-by-it-my-faith-is/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [America's military is second to none in the world. We're blessed with terrific soldiers, and extraordinary technology and intelligence. But the idea of a…](https://sms4smile.com/quotes/mitt-romney/america-s-military-is-second-to-none-in-the-world-we-re-blessed-with/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [And a special thank you to the citizens of Massachusetts: You are paying all the taxes, creating all the jobs, raising all the children.…](https://sms4smile.com/quotes/mitt-romney/and-a-special-thank-you-to-the-citizens-of-massachusetts-you-are/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [When I was elected governor of my state, I had a legislature 87 percent Democrat. It was not lost on me that to get…](https://sms4smile.com/quotes/mitt-romney/when-i-was-elected-governor-of-my-state-i-had-a-legislature-87/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I saw the young man over there with eggs Benedict, with hollandaise sauce. And I was going to suggest to you that you serve…](https://sms4smile.com/quotes/mitt-romney/i-saw-the-young-man-over-there-with-eggs-benedict-with-hollandaise/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I've been a hunter pretty much all my life.](https://sms4smile.com/quotes/mitt-romney/i-ve-been-a-hunter-pretty-much-all-my-life/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I think Mitt Romney has demonstrated repeatedly he has a penchant for - for secrecy, doesn't seem to have any interest in actually showing…](https://sms4smile.com/quotes/mitt-romney/i-think-mitt-romney-has-demonstrated-repeatedly-he-has-a-penchant-for/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [If I were to offer advice to any president of the United States, it would be this: do whatever you can do to keep…](https://sms4smile.com/quotes/mitt-romney/if-i-were-to-offer-advice-to-any-president-of-the-united-states-it/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [I was too important to go to Vietnam.](https://sms4smile.com/quotes/mitt-romney/i-was-too-important-to-go-to-vietnam/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [America has not dictated to other nations. We have freed other nations from dictators.](https://sms4smile.com/quotes/mitt-romney/america-has-not-dictated-to-other-nations-we-have-freed-other-nations/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [The right course is for the Palestinians and the Israelis to sit down at the table together. The Palestinians need to recognize that the…](https://sms4smile.com/quotes/mitt-romney/the-right-course-is-for-the-palestinians-and-the-israelis-to-sit-down/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [If I'm President of the United States, when I'm President of the United States, we will stand with Israel.](https://sms4smile.com/quotes/mitt-romney/if-i-m-president-of-the-united-states-when-i-m-president-of-the/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) > [President Obama instituted the most anti-growth, anti-investment, anti-jobs measures that we have seen in our lifetime. Now he called his agenda ambitious, I call…](https://sms4smile.com/quotes/mitt-romney/president-obama-instituted-the-most-anti-growth-anti-investment-anti/) [Mitt Romney](https://sms4smile.com/quotes/author/mitt-romney/) [Explore all 781 Mitt Romney quotes ](https://sms4smile.com/quotes/author/mitt-romney/) ## More Bottom line quotes > [Filmmaking, like sex, isn't a polite enterprise. It involves a lot of mess and the bottom line is, if somebody ain't screaming, you're not…](https://sms4smile.com/quotes/james-woods/filmmaking-like-sex-isn-t-a-polite-enterprise-it-involves-a-lot-of/) [James Woods](https://sms4smile.com/quotes/author/james-woods/) > [Cheer up. You're not going to be single forever. Bottom line is, you're young. Don't base your future on your past.](https://sms4smile.com/quotes/anonymous/cheer-up-you-re-not-going-to-be-single-forever-bottom-line-is-you-re/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [I plead with my Moonlight fans to give this show a chance if they let me give it a chance. I can’t do Moonlight…](https://sms4smile.com/quotes/alex-o-loughlin/i-plead-with-my-moonlight-fans-to-give-this-show-a-chance-if-they-let/) [Alex O'Loughlin](https://sms4smile.com/quotes/author/alex-o-loughlin/) > [Well, the bottom line is that I'm extremely pleased with 'The Stupids.' I'm pleased that it's coming out, and it should look good. It's…](https://sms4smile.com/quotes/john-landis/well-the-bottom-line-is-that-i-m-extremely-pleased-with-the-stupids-i/) [John Landis](https://sms4smile.com/quotes/author/john-landis/) > [I would have had a clause in my contract; I would've definitely put some fine print in my contract that said, "If the president…](https://sms4smile.com/quotes/joe-budden/i-would-have-had-a-clause-in-my-contract-i-would-ve-definitely-put/) [Joe Budden](https://sms4smile.com/quotes/author/joe-budden/) > [The bottom line, in the professional level, no matter where you go, there's going to be competition. That's what it is. At the end…](https://sms4smile.com/quotes/scott-tolzien/the-bottom-line-in-the-professional-level-no-matter-where-you-go/) [Scott Tolzien](https://sms4smile.com/quotes/author/scott-tolzien/) > [The political satirist usually votes against their own interests, but the bottom line is that it doesn't really matter.](https://sms4smile.com/quotes/lizz-winstead/the-political-satirist-usually-votes-against-their-own-interests-but/) [Lizz Winstead](https://sms4smile.com/quotes/author/lizz-winstead/) > [I'm very grateful to be where I'm at and be able to play. That's really the bottom line for me. Survival and being able…](https://sms4smile.com/quotes/terry-bozzio/i-m-very-grateful-to-be-where-i-m-at-and-be-able-to-play-that-s/) [Terry Bozzio](https://sms4smile.com/quotes/author/terry-bozzio/) > [Bottom line is, work ethic equals dreams, and I am walking proof that that's a fact.](https://sms4smile.com/quotes/diamond-dallas-page/bottom-line-is-work-ethic-equals-dreams-and-i-am-walking-proof-that/) [Diamond Dallas Page](https://sms4smile.com/quotes/author/diamond-dallas-page/) > [One of two things when the guy you're dating isn't really ready to commit. He's an a\*\*hole and he's cheating on you; bottom line…](https://sms4smile.com/quotes/michael-catherwood/one-of-two-things-when-the-guy-you-re-dating-isn-t-really-ready-to/) [Michael Catherwood](https://sms4smile.com/quotes/author/michael-catherwood/) > [The bottom line on attitude is that a good one helps to increase your possibilities. Pessimists usually get what they expect. So do optimists.](https://sms4smile.com/quotes/john-c-maxwell/the-bottom-line-on-attitude-is-that-a-good-one-helps-to-increase-your/) [John C. Maxwell](https://sms4smile.com/quotes/author/john-c-maxwell/) > [If you look at the statistics, I genuinely understand why when we go to a production company or a broadcaster, and they say our…](https://sms4smile.com/quotes/joivan-wade/if-you-look-at-the-statistics-i-genuinely-understand-why-when-we-go/) [Joivan Wade](https://sms4smile.com/quotes/author/joivan-wade/) > [With a reality show, the bottom line is, there's no plot; there's no finale.](https://sms4smile.com/quotes/kate-gosselin/with-a-reality-show-the-bottom-line-is-there-s-no-plot-there-s-no/) [Kate Gosselin](https://sms4smile.com/quotes/author/kate-gosselin/) > [Two to 4% of cancers respond to chemotherapy…The bottom line is for a few kinds of cancer chemo is a life extending procedure-Hodgkin's disease,…](https://sms4smile.com/quotes/ralph-w-moss/two-to-4-of-cancers-respond-to-chemotherapy-the-bottom-line-is-for-a/) [Ralph W. Moss](https://sms4smile.com/quotes/author/ralph-w-moss/) > [The bottom line is that (a) people are never perfect, but love can be, (b) that is the one and only way that the…](https://sms4smile.com/quotes/tom-robbins/the-bottom-line-is-that-a-people-are-never-perfect-but-love-can-be-b/) [Tom Robbins](https://sms4smile.com/quotes/author/tom-robbins/) [Browse all 942 Bottom line quotes ](https://sms4smile.com/quotes/about/bottom-line/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "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 to bring the rates down, at the same time lower deductions and exemptions and credits and so forth, so we keep getting the revenue we need. 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