--- title: "Meaning & Key Takeaway of: Tax increases don’t eliminate deficits…" description: "\"“Tax increases don’t eliminate deficits they increase govt. spending.”\" — Ronald Reagan" image: "https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg" --- # Tax increases don’t eliminate deficits they increase govt… ![“Tax increases don’t eliminate deficits they increase govt. spending.” quote by Ronald Reagan](https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg) [Download](https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg) [Open image](https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg) > ““Tax increases don’t eliminate deficits they increase govt. spending.”” [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Tax hikes raise government revenue, which often leads to higher public spending rather than reducing fiscal gaps. **In simple terms:** Higher taxes can fuel more spending. Key Takeaway Revenue growth may offset deficit cuts. Themes fiscal policy government spending taxation budget deficits public finance Mood analytical critical Type statement policy observation When to use this quote - budget planning - policy debates - public finance analysis - legislative budgeting - economic forecasting Key Concepts tax revenue budgetary impact fiscal stimulus Practical Applications - tax policy design - budgetary forecasting Questions to Reflect On - How does increased revenue influence spending decisions? - Can tax cuts achieve deficit reduction? ★ ★ ★ ★ ★ No ratings yet [Deficits Increase](https://sms4smile.com/quotes/about/deficits-increase-946485/) [Eliminate Deficits](https://sms4smile.com/quotes/about/eliminate-deficits-946487/) [Govt Spending](https://sms4smile.com/quotes/about/govt-spending-946486/) [Increase Govt](https://sms4smile.com/quotes/about/increase-govt-946488/) [Tax increases](https://sms4smile.com/quotes/about/tax-increases/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought…](https://sms4smile.com/quotes/john-kasich/i-think-we-can-have-some-tax-reform-but-that-doesn-t-mean-tax/) [John Kasich](https://sms4smile.com/quotes/author/john-kasich/) > [ Everything \[Ronald Reagan\] got, the tax cuts, he had Democrats outnumbering him in the House and Senate everywhere. There were certain realities that he… ](https://sms4smile.com/quotes/rush-limbaugh/everything-ronald-reagan-got-the-tax-cuts-he-had-democrats/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [POTUS already got tax increases. Now he wants more tax increases to fund more bloated government spending. Not going to happen.](https://sms4smile.com/quotes/anonymous/potus-already-got-tax-increases-now-he-wants-more-tax-increases-to/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national…](https://sms4smile.com/quotes/david-limbaugh/we-have-to-have-structural-entitlement-reform-major-spending-cuts-and/) [David Limbaugh](https://sms4smile.com/quotes/author/david-limbaugh/) > [I don't hear anything from Trump about tax increases. I hear tax cuts from him. I hear tax reform from him.](https://sms4smile.com/quotes/rush-limbaugh/i-don-t-hear-anything-from-trump-about-tax-increases-i-hear-tax-cuts/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Just as I predicted, today Obama called for even more tax increases. The Republicans played right into his hands and blew their cards.](https://sms4smile.com/quotes/donald-trump/just-as-i-predicted-today-obama-called-for-even-more-tax-increases/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are…](https://sms4smile.com/quotes/christina-romer/tax-increases-appear-to-have-a-very-large-sustained-and-highly/) [Christina Romer](https://sms4smile.com/quotes/author/christina-romer/) > [Donald Trump has assembled a group of people who know how to, quote, get it done, whatever it is. Now, the left is not…](https://sms4smile.com/quotes/rush-limbaugh/donald-trump-has-assembled-a-group-of-people-who-know-how-to-quote/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [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…](https://sms4smile.com/quotes/fabrizio-moreira/beware-of-politicians-who-tell-you-they-ll-do-all-these-wonderful/) [Fabrizio Moreira](https://sms4smile.com/quotes/author/fabrizio-moreira/) > [I have always believed that the House Republicans do not want to pass any tax increases...especially on the rich.](https://sms4smile.com/quotes/anonymous/i-have-always-believed-that-the-house-republicans-do-not-want-to-pass/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents?](https://sms4smile.com/quotes/peg-bracken/why-does-a-slight-tax-increase-cost-you-two-hundred-dollars-and-a/) [Peg Bracken](https://sms4smile.com/quotes/author/peg-bracken/) > [The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business…](https://sms4smile.com/quotes/glenn-hubbard/the-obama-administration-s-large-and-sustained-increases-in-debt/) [Glenn Hubbard](https://sms4smile.com/quotes/author/glenn-hubbard/) > [The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create…](https://sms4smile.com/quotes/doug-casey/the-time-will-come-and-probably-during-2009-that-the-only-way-the-u-s/) [Doug Casey](https://sms4smile.com/quotes/author/doug-casey/) > [Obama Supporters Angry Over Tax Increases. I knew it. They were dumb enough to think it would only be the rich.](https://sms4smile.com/quotes/anonymous/obama-supporters-angry-over-tax-increases-i-knew-it-they-were-dumb/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Tax cuts are temporary, tax increases are permanent.](https://sms4smile.com/quotes/neal-boortz/tax-cuts-are-temporary-tax-increases-are-permanent/) [Neal Boortz](https://sms4smile.com/quotes/author/neal-boortz/) ## More by Ronald Reagan > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [I've long believed one of the mainsprings of our own liberty has been the widespread ownership of property among our people and the expectation…](https://sms4smile.com/quotes/ronald-reagan/i-ve-long-believed-one-of-the-mainsprings-of-our-own-liberty-has-been/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [You know, by the time you reach my age, you've made plenty of mistakes if you've lived your life properly. So you learn. You…](https://sms4smile.com/quotes/ronald-reagan/you-know-by-the-time-you-reach-my-age-you-ve-made-plenty-of-mistakes/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [Yes, across Europe, this wall will fall. For it cannot withstand faith; it cannot withstand truth. The wall cannot withstand freedom.](https://sms4smile.com/quotes/ronald-reagan/yes-across-europe-this-wall-will-fall-for-it-cannot-withstand-faith/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [Simple fairness dictates that government must not raise taxes on families struggling to pay their bills.](https://sms4smile.com/quotes/ronald-reagan/simple-fairness-dictates-that-government-must-not-raise-taxes-on/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The time has come to turn to God and reassert our trust in Him for the healing of America - our country is in…](https://sms4smile.com/quotes/ronald-reagan/the-time-has-come-to-turn-to-god-and-reassert-our-trust-in-him-for/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [Professional politicians like to talk about the value of experience in government. Nuts! The only experience you gain in politics is how to be…](https://sms4smile.com/quotes/ronald-reagan/professional-politicians-like-to-talk-about-the-value-of-experience/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The WPA was one of the most productive elements of FDR's alphabet soup of agencies because it put people to work building roads, bridges,…](https://sms4smile.com/quotes/ronald-reagan/the-wpa-was-one-of-the-most-productive-elements-of-fdr-s-alphabet/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [Where there's liberty, art succeeds.](https://sms4smile.com/quotes/ronald-reagan/where-there-s-liberty-art-succeeds/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [Since I came to the White House, I got two hearing aids, a colon operation, skin cancer, a prostate operation, and I was shot.…](https://sms4smile.com/quotes/ronald-reagan/since-i-came-to-the-white-house-i-got-two-hearing-aids-a-colon/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [A moment I've been dreading. George brought his ne're-do-well son around this morning and asked me to find the kid a job. Not the…](https://sms4smile.com/quotes/ronald-reagan/a-moment-i-ve-been-dreading-george-brought-his-ne-re-do-well-son/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [On Father's Day, we pay tribute to all in our society who have taken on the responsibilitie s and joys of fatherhood. Whether our…](https://sms4smile.com/quotes/ronald-reagan/on-father-s-day-we-pay-tribute-to-all-in-our-society-who-have-taken/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [There is no limit to the amount of good you can do if you don't care who gets the credit.](https://sms4smile.com/quotes/ronald-reagan/there-is-no-limit-to-the-amount-of-good-you-can-do-if-you-don-t-care/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [It's not that liberals aren't smart, it's just that so much of what they know isn't so](https://sms4smile.com/quotes/ronald-reagan/it-s-not-that-liberals-aren-t-smart-it-s-just-that-so-much-of-what/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [Love your country, not for her power or wealth, but for her selflessness and her idealism.](https://sms4smile.com/quotes/ronald-reagan/love-your-country-not-for-her-power-or-wealth-but-for-her/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) [Explore all 1,244 Ronald Reagan quotes ](https://sms4smile.com/quotes/author/ronald-reagan/) ## More Tax increases quotes > [I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, the rates flatter. We ought…](https://sms4smile.com/quotes/john-kasich/i-think-we-can-have-some-tax-reform-but-that-doesn-t-mean-tax/) [John Kasich](https://sms4smile.com/quotes/author/john-kasich/) > [ Everything \[Ronald Reagan\] got, the tax cuts, he had Democrats outnumbering him in the House and Senate everywhere. There were certain realities that he… ](https://sms4smile.com/quotes/rush-limbaugh/everything-ronald-reagan-got-the-tax-cuts-he-had-democrats/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [POTUS already got tax increases. Now he wants more tax increases to fund more bloated government spending. Not going to happen.](https://sms4smile.com/quotes/anonymous/potus-already-got-tax-increases-now-he-wants-more-tax-increases-to/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Obama Supporters Angry Over Tax Increases. I knew it. They were dumb enough to think it would only be the rich.](https://sms4smile.com/quotes/anonymous/obama-supporters-angry-over-tax-increases-i-knew-it-they-were-dumb/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create…](https://sms4smile.com/quotes/doug-casey/the-time-will-come-and-probably-during-2009-that-the-only-way-the-u-s/) [Doug Casey](https://sms4smile.com/quotes/author/doug-casey/) > [The Obama administration's large and sustained increases in debt raise the specter of another financial crisis and large future tax increases, further chilling business…](https://sms4smile.com/quotes/glenn-hubbard/the-obama-administration-s-large-and-sustained-increases-in-debt/) [Glenn Hubbard](https://sms4smile.com/quotes/author/glenn-hubbard/) > [Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirty cents?](https://sms4smile.com/quotes/peg-bracken/why-does-a-slight-tax-increase-cost-you-two-hundred-dollars-and-a/) [Peg Bracken](https://sms4smile.com/quotes/author/peg-bracken/) > [I have always believed that the House Republicans do not want to pass any tax increases...especially on the rich.](https://sms4smile.com/quotes/anonymous/i-have-always-believed-that-the-house-republicans-do-not-want-to-pass/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [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…](https://sms4smile.com/quotes/fabrizio-moreira/beware-of-politicians-who-tell-you-they-ll-do-all-these-wonderful/) [Fabrizio Moreira](https://sms4smile.com/quotes/author/fabrizio-moreira/) > [Donald Trump has assembled a group of people who know how to, quote, get it done, whatever it is. Now, the left is not…](https://sms4smile.com/quotes/rush-limbaugh/donald-trump-has-assembled-a-group-of-people-who-know-how-to-quote/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [Tax increases appear to have a very large sustained and highly significant negative impact on output. Since most of our exogenous tax changes are…](https://sms4smile.com/quotes/christina-romer/tax-increases-appear-to-have-a-very-large-sustained-and-highly/) [Christina Romer](https://sms4smile.com/quotes/author/christina-romer/) > [Just as I predicted, today Obama called for even more tax increases. The Republicans played right into his hands and blew their cards.](https://sms4smile.com/quotes/donald-trump/just-as-i-predicted-today-obama-called-for-even-more-tax-increases/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [I don't hear anything from Trump about tax increases. I hear tax cuts from him. I hear tax reform from him.](https://sms4smile.com/quotes/rush-limbaugh/i-don-t-hear-anything-from-trump-about-tax-increases-i-hear-tax-cuts/) [Rush Limbaugh](https://sms4smile.com/quotes/author/rush-limbaugh/) > [We have to have structural entitlement reform, major spending cuts and not tax increase-retardants on economic growth to reverse our current course toward national…](https://sms4smile.com/quotes/david-limbaugh/we-have-to-have-structural-entitlement-reform-major-spending-cuts-and/) [David Limbaugh](https://sms4smile.com/quotes/author/david-limbaugh/) > [Tax cuts are temporary, tax increases are permanent.](https://sms4smile.com/quotes/neal-boortz/tax-cuts-are-temporary-tax-increases-are-permanent/) [Neal Boortz](https://sms4smile.com/quotes/author/neal-boortz/) [Browse all 64 Tax increases quotes ](https://sms4smile.com/quotes/about/tax-increases/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "“Tax increases don’t eliminate deficits they increase govt. spending.”", "creator": { "@type": "Person", "name": "Ronald Reagan" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/ronald-reagan/tax-increases-don-t-eliminate-deficits-they-increase-govt-spending/", "about": { "@type": "Thing", "name": "Tax increases" }, "@id": "https://sms4smile.com/quotes/ronald-reagan/tax-increases-don-t-eliminate-deficits-they-increase-govt-spending/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg", "contentUrl": "https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg", "url": "https://sms4smile.com/quotes/i/1b2/ronald-reagan-119_tax-increases_tax-increases-don-t-eliminate-deficits-t_72300.jpg", "width": 1080, "height": 1080, "caption": "“Tax increases don’t eliminate deficits they increase govt. spending.” — Ronald Reagan", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Ronald Reagan", "item": "https://sms4smile.com/quotes/author/ronald-reagan/" }, { "@type": "ListItem", "position": 4, "name": "“Tax increases don’t eliminate deficits they...", "item": "https://sms4smile.com/quotes/ronald-reagan/tax-increases-don-t-eliminate-deficits-they-increase-govt-spending/" } ], "@id": "https://sms4smile.com/quotes/ronald-reagan/tax-increases-don-t-eliminate-deficits-they-increase-govt-spending/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```