1970s Quote by Steven Rattner

Arthur Laffer's idea, that lowering taxes could increase revenues, was logically correct. If tax rates are high enough, then people will go to such…

— Richard Thaler

It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow…

— Sidney Blumenthal

The reality is that during the Reagan years, for instance, we doubled the amount of revenue that we were sending to Washington, D.C. after…

— Mike Pence

Contrary to any claim of a systematically “neutral” effect of taxation on production, the consequence of any such shortening of roundabout methods of production…

— Hans-Hermann Hoppe

“high taxation was not regarded in these years as an affront. On the contrary, steep rates of progressive income tax were seen as a…

— Tony Judt

“But the 1970s kicked off a three-decade-long “tax-cutting spree” during which the wealthiest 1 percent succeeded in getting their average effective federal tax rate…

— Jane Mayer

It is a paradoxical truth that tax rates are too high and tax revenues are too low and the soundest way to raise the…

— John F. Kennedy

Governments enjoying surpluses have a very strong temptation to splash money around, and while tax cuts are always appealing, cutting taxes at the top…

— Malcolm Turnbull

The mounting burden of taxation not only undermines individual incentives to increased work and earnings, but in a score of ways discourages capital accumulation…

— Henry Hazlitt

When President George W. Bush cut taxes, he cut them for everyone.

— Ari Fleischer

We gotta control inflation, quit spending our money on everything. But this years tax increase, why it's the biggest in history.

— Hank Williams, Jr

The larger the percentage of the national income taken by taxes the greater the deterrent to private production and employment. When the total tax…

— Henry Hazlitt