Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.
Mike Pence
Related Reduced marginal tax rates on individuals and business fosters growth every time. LAWRENCE KUDLOW We need to lower marginal tax rates and increase investment. RON DESANTIS When you tax capital gains income, you don't help the economy, you hurt the economy, which is wh... ROB PORTMAN Ronald Reagan and George Bush pushed through programs that raised taxes on the middle class. I think... BILL CLINTON The Laffer Curve illustrates the basic idea that changes in tax rates have two effects on tax revenu... ARTHUR LAFFER Barack Obama is not Harry Truman, who dropped the A-bomb on Japan to stop World War II. Barack Obama... MONICA CROWLEY Capital available for individuals to start and expand businesses would increase with regulatory and ... ELAINE CHAO As president, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan w... RAND PAUL Common sense told us that when you put a big tax on something, the people will produce less of it. S... RONALD REAGAN Under Ronald Reagan - who cut the top tax rate from 70 percent to 28 percent - black income, busines... LARRY ELDER Low-income Canadians benefit relatively little from these tax cuts, yet they may be hurt a great dea... ELLEN RUSSELL In 2001, Republicans used reconciliation to pass President Bush's $1.35 trillion tax cut that ma... BERNIE SANDERS Here's the problem if you keep raising tax rates: You slow down economic growth. PAUL RYAN My healthcare plan puts more money into average families' pockets than the Bush tax cuts... He... DICK GEPHARDT What Governor Romney is proposing is an across-the-board cut in marginal tax rates for households, e... GLENN HUBBARD The bottom line is that the death tax is a tax on the economy because it slows economic growth. TODD TIAHRT I would support eliminating certain tax breaks that are not economically justifiable if they are off... JASON CHAFFETZ I'm all in favor of the tax cuts, but I think that the administration has to eat their spinach along... CHRIS EDWARDS Every time we've cut the capital gains tax, the economy has grown. Whenever we raise the capital... GROVER NORQUIST All those predictions about how much economic growth will be created by this, all of those new jobs,... ANTHONY WEINER Now, I do think when we move into 2012 and '13 when, presumably, the economy is on firmer ground... MARK ZANDI That tax relief can spur the economy and thereby benefit all Americans is something that Washington ... MIKE BOUCHARD High tax rates distort economic decision making, and our corporate income tax rate is one of the hig... JASON CHAFFETZ President Obama has repeatedly urged Congress to let the Bush tax cuts expire for those earning more... CHRISTINA ROMER Here's the question for my fellow Republicans: Do we want to be the first-ever GOP House majorit... JOHN FLEMING The Congressional Budget Office has been embarrassed repeatedly by making projections based on the a... THOMAS SOWELL The president continues to take his message to the American people, outlining his budget and tax cut... GORDON JOHNDROE Anybody who is familiar with the historical data from the IRS knows that raising income tax rates wi... MIKE PENCE I think the tax cut is ridiculous but so am I. RANDY NEWMAN There's a right way and a wrong way to cut taxes. The Republican tax cuts reward the few, our tax cu... TOM DASCHLE Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut ... PETER GEORGE PETERSON Congress must also enact pro-growth policies that encourage the economy to expand: like making tax r... MICHAEL STEELE I think the Bush tax cuts should be made permanent. VITO FOSSELLA Last week, the president suggested his tax cut will solve energy crisis. That is a bizarre and disco... ROSA DELAURO We can wait 14 months, get a new president and then do a tax cut. DON NICKLES Clearly everyone wants a tax cut but you can't have a tax cut for a surplus that you don't have, CHARLES RANGEL Taxes are important. President Bush's tax proposals leave no rich person behind. Voters approve ... ANDY ROONEY We can have tax cuts, but when we have tax cuts and do not have a surplus, the amount of the tax cut... JOHN SPRATT I think we need a tax cut, RICHARD GEPHARDT Not continuing a tax cut is not technically a tax increase. GROVER NORQUIST I think, in effect, in most of the European countries, the total marginal tax rate is over 50 percen... JAMES MIRRLEES A tax cut to compensate for a tax increase is not a cut - it's a con. TONY ABBOTT The tax relief the president has given to this economy is working, DON EVANS It's tax diversification. If tax rates go up, it would be nice to have a fund that you don't have to... JAMES LANGE Well, certainly the Democrats have been arguing to raise the capital gains tax on all Americans. Oba... GROVER NORQUIST He got a tax cut of $100,000 and you only got $1. PETER COSTELLO Taxes are important. President Bush's tax proposals leave no rich person behind. Voters approve of P... ANDY ROONEY The linkage between tax rates and public services is, if not non-existent, negative. ARTHUR LAFFER The members of Congress who came up to meet with the president this week all said so, and they want ... LAWRENCE LINDSEY We need to restore the Bush tax cuts or actually make them permanent. JOHN FLEMING The death tax is growing increasingly unpopular with the American people, and it's for obvious reaso... TIM HUTCHINSON When Republicans used reconciliation in 2001 for the Bush tax cuts, they used it to increase the def... KENT CONRAD However, we had hoped for a lowering in the marginal tax bracket for individuals. LOUIS LUYT Now, the president would like to do tax reform, which would obviously lower rates for most people in... DAVID PLOUFFE His [President George W. Bush} two greatest priorities are permanent tax cuts and Social Security. A... CHARLES SCHUMER President Reagan, Jack Kemp and other advocates of supply-side economics understood that pro-growth ... BOB BEAUPREZ It's no coincidence at all that we've had strong economic growth after the tax cuts. DAN MITCHELL Tax cuts are like sex: When they are good, they are very, very good. And when they are bad, they are... M. STANTON EVANS Higher tax rates, you get more casino, less resort. Lower tax rates, you get more resort, with a cas... JAN JONES Tax rates for the wealthy should revert to Clinton-era levels, both because it is necessary for long... ELIOT SPITZER Government is not being honest with taxpayers when it renews existing tax breaks and calls them new ... JASON CHAFFETZ You don't get gushers of revenue by raising tax rates. You get it through expansion. GEORGE P. SHULTZ I used the so-called Laffer Curve all the time in my classes and with anyone else who would listen t... ARTHUR LAFFER North Carolina needs to revamp the tax code completely. We have some of the highest tax rates, like ... DAVID ROUZER The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses. AUSTAN GOOLSBEE All politicians are control freaks; they think they own you. Crazy mayors want to tax the Internet. ... IAN ANGELL All politicians are control freaks; they think they own you, ... Crazy mayors want to tax the Intern... IAN ANGELL The city has committed itself to excellence. There's been steady growth in tax revenues without any ... DICKY SPARKS CPA The tax code is very inefficient. Both the personal tax code and the corporate tax code. By closing ... BEN BERNANKE The Bush tax cuts, they ought to be made permanent in my mind so there is certainty out there. GARY HERBERT Reagan was president and had Democrats control the House and Senate, and they reformed the tax code.... KEVIN MCCARTHY I can assure you that the House Ways and Means Committee has not abandoned trying to extend the divi... JIM MCCRERY We need to lower tax rates for everybody, starting with the top corporate tax rate. We need to simpl... HERMAN CAIN Legislation to create a new 10 percent tax bracket, reduce the marriage penalty, cut the tax rate on... ROGER WICKER Broaden the tax base, close loopholes and flatten the tax rates - all of which would bring more reve... DAVID HARSANYI A tax cut is really one of the anecdotes to coming out of an economic illness. GEORGE W. BUSH Much fiscal policy is implemented, not through spending increases, but through tax credits and other... ALAN GREENSPAN I don't believe, the president doesn't believe, that the high income tax cuts work, period. ... AUSTAN GOOLSBEE I think we can have some tax reform, but that doesn't mean tax increases. We ought to make the, ... JOHN KASICH Instead of cutting tax rates for the rich, we should focus on making the tax system simpler for ordi... ANDREW LEIGH I'm not thinking [the accelerated tax rate reductions] would have a huge impact. They always like to... CINDY HOCKENBERRY Look, only in Washington is not raising taxes considered a tax cut. Nobody's getting a tax cut h... PAUL RYAN We need to have tax relief for those who really need tax relief. The concept of tax cuts is fine, bu... CHARLES CARRIER Tax cuts would probably flow directly into corporate profits. Companies are lean and mean today, com... CHRISTINE CALLIES There will be a big tax cut for the middle class. But any tax cuts we have for the upper class will ... STEVE MNUCHIN I think a tax cut would be a good thing if he has those larger ambitions. MARK ALESSE Over the past 100 years, there have been three major periods of tax-rate cuts in the U.S.: the Hardi... ARTHUR LAFFER While every American knows perfectly well that well-heeled lobbyists are manipulating the federal ta... LEO LINBECK New rumors that Saddam Hussein is planning to flee to a castle in Libya with 10 billion dollars. Now... CRAIG KILBORN Research has shown that middle-income wage earners would benefit most from a large reduction in corp... LAWRENCE KUDLOW Every time in this century we've lowered the tax rates across the board, on employment, on saving, i... JACK KEMP We are all are equal, but some pay higher tax rates than others. JEFF RICH Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirt... PEG BRACKEN Why does a slight tax increase cost you two hundred dollars and a substantial tax cut save you thirt... PEG BRACKEN In a perfect world we would bring corporate tax rates down to 25% or less so we can get competitive ... ERIC CANTOR The tax cut we put in place for next year is relatively modest. We probably can swallow that OK, but... ROBERT REISCHAUER If you have to change the law to get more money, that's a tax increase, and Americans for Tax Re... GROVER NORQUIST This budget reconciliation is a farce. What they want to do is cut our programs so they can put toge... MIKE HONDA It's difficult to compete and keep businesses from moving to South Dakota when (that state's) proper... CHARESE YANNEY The president is committed to making tax cuts for the richest one percent permanent. There are trade... EMANUEL CLEAVER
More Mike Pence
Despite the hysteria from the political class and the media, smoking doesn't kill. MIKE PENCE If Planned Parenthood wants to be involved in providing counseling services and HIV testing, they ou... MIKE PENCE In my home state of Indiana, we prove every day that you can build a growing economy on balanced bud... MIKE PENCE Budgets are moral documents. Federal funding should reflect the priorities and the values of the maj... MIKE PENCE Negative campaigning is wrong. MIKE PENCE While that amendment failed, human cloning continues to advance and the breakthrough in this unethic... MIKE PENCE Here in Indiana, we run a nationally-recognized program called the Healthy Indiana Plan. The Healthy... MIKE PENCE What is real is that adultery destroys tens of thousands of families every year across America. What... MIKE PENCE The American economy has been built and sustained by risk-taking entrepreneurs whose pioneering idea... MIKE PENCE A campaign ought to demonstrate the basic human decency of the candidate. That means your First Amen... MIKE PENCE I believe in servant leadership, and the servant always asks, 'Where am I needed most?' MIKE PENCE To date, embryonic stem cell research has not produced a single medical treatment, where ethical, ad... MIKE PENCE Sadly, embryonic stem cell research is completely legal in this country and has been going on at uni... MIKE PENCE And conservatives know that if you reject these principles of limited government and urge others to ... MIKE PENCE I'm a Christian, a conservative, and a Republican, in that order. MIKE PENCE Standing at a Christian music festival in Asbury, Ky., in the spring of 1978, I gave my life to Jesu... MIKE PENCE I just always believe that we should not reward people with citizenship whose first act in this coun... MIKE PENCE Human cloning is coming. 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That's exa... MIKE PENCE The Republican majority, left to its own devices from 1995 to 2000, was a party committed to limited... MIKE PENCE Years ago on my radio show, I used to say, 'I'm a conservative, but I'm not in a bad moo... MIKE PENCE For more than forty years, the United States Congress has shamelessly used payroll taxes intended fo... MIKE PENCE The heroes of my childhood were Martin Luther King Jr. and John F. Kennedy... but I was inspired by ... MIKE PENCE The true legacy of 9-11 cannot be found among political leaders of the day, but in the citizen soldi... MIKE PENCE The presidency is the most visible thread that runs through the tapestry of the American government.... MIKE PENCE We want to make it clear that Indiana's open for business. We want to make it clear that Hoosier... MIKE PENCE I am criticizing a culture that has sold the big lie that 'Mom doesn't matter.' 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CAPRIAL PENCE The Mount Airy project is only projecting 730 new employees. GREGORY PENCE With more than 300,000 cooled-EGR engines on the road, and over 30 billion miles of experience, we a... ED PENCE I'm very excited to be here and have a lot of hometown friends here. I've got people I haven't talke... HUNTER PENCE What I'm getting out of it is a feeling that when I come out here, I'm not going to be overwhelmed b... HUNTER PENCE I have a lot of friends in Houston that say they hear my name on talk radio. I say, 'No way, that's ... HUNTER PENCE Success is determined by those whom prove the impossible, possible. JAMES W. PENCE At the time that they were shown, the Brillo Boxes were underappreciated. It's only now, with th... MIKE BIDLO I was completely unqualified to get into Harvard. But then I went to my interview for Harvard, and t... MIKE BIRBIGLIA If you try to do your best there is no failure. MIKE FARRELL A flower doesn't love you or hate you, it just exists. 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