End of the day Quote by Paul Volcker
“If, at the end of the day, we need to raise taxes, we should raise taxes.”
About This Quote
Fiscal policy should be pragmatic: if raising taxes is necessary, it should be done without ideological hesitation.
In simple terms: Raise taxes when needed, pragmatically.
Key Takeaway
Prioritize practical solutions over ideology.
Themes
economics
policy
pragmatism
Mood
analytical
serious
Type
policy
economic
When to use this quote
- budget deficits
- public services
- economic crises
- political debates
Key Concepts
fiscal responsibility
taxation
government budgeting
Questions to Reflect On
- When should fiscal necessity outweigh political cost?
- How to balance fairness with revenue needs?
A Different Perspective
Tax hikes can be unpopular and politically risky.
![“It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency…” quote by Paul Volcker](https://sms4smile.com/quotes/img-quotes/1ab/paul-volcker-37701_banking_it-is-a-sobering-fact-that-the-prominenc_1339309.jpg)
