Tax Revenues quotes:

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  • Fewer people working means permanently lower tax revenues. -- Christina Romer
  • Federal gas tax revenues that are paid into the trust fund by highway users should be used for programs that benefit highway users. -- Cynthia Lummis
  • The Congressional Budget Office has been embarrassed repeatedly by making projections based on the assumption that tax revenues and tax rates move in the same direction. -- Thomas Sowell
  • Each and every year, the United States loses an estimated $100 billion a year in tax revenues due to offshore tax abuses by the wealthy and large corporations. -- Bernie Sanders
  • Rather than undermining the Palestinian Authority, it is in Israel's interests to strengthen it by... continuing to transfer Palestinian tax revenues and pursuing other avenues of cooperation. -- Leon Panetta
  • The unhappy irony is that, while 'Glee' is hitting the heights, school arts funding is being slashed across the country due to the steep recession and declining tax revenues. -- James Wolcott
  • The stagflation of the 1970s blessed us with damaging wage and price controls and the utterly counterintuitive supply-side notion - famously drawn on a napkin - that cutting taxes would lead to higher tax revenues. -- Steven Rattner
  • Of course, tax revenues have ended up being substantially higher than they were at the time these dire projections were made, and we are very close now to having a balanced budget. All that has been very helpful. -- Charles M. Vest
  • In addition to a soaring stock market, 6.6 million jobs have been created since tax relief measures went into effect in 2003. Our deficit situation has also improved as tax revenues have increased at double-digit rates over the past two years. -- Randy Neugebauer
  • Because what happens is, as the economy suffers, tax revenues go down. But unlike businesses, where at least your variable costs go down, in government your variable costs go up: unemployment insurance, workmen's compensation, health care benefits, welfare, you name it. -- Meg Whitman
  • When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans. -- Ron Paul
  • 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
  • We already know that social security is more affordable in Scotland than it is in the rest of the U.K. - spending on social protection takes up a smaller share of our economic output and our tax revenues than is the case in the U.K. as a whole. -- Nicola Sturgeon
  • If a tax cut increases government revenues, you haven't cut taxes enough. -- Milton Friedman
  • A balanced program for tax reform based upon the common sense idea of lowering taxes out of surplus revenues. -- Andrew Mellon
  • Revenues should be increased not by increasing the tax rates on the individual but by building a bigger economy for everybody. -- Ronald Reagan
  • The zero-income-tax-rate states have far faster growth in tax revenues than did the states with highest income tax rate over the same period. -- Arthur Laffer
  • Anybody who is familiar with the historical data from the IRS knows that raising income tax rates will likely actually reduce federal revenues. -- Mike Pence
  • The smartest thing legislatures can do is get rid of lotteries and get those dollars buying consumer goods and get the sales tax revenues from that -- John Warren Kindt
  • If gambling were banned, those social costs would drop, tax revenues from consumer goods would increase, and money would be pumped into the productive economic sector -- John Warren Kindt
  • Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes. -- Dick Durbin
  • Every time in this century we've lowered the tax rates across the board, on employment, on saving, investment and risk-taking in this economy, revenues went up, not down. -- Jack Kemp
  • If the economy grows enough, fast enough, the tech system should be modernized so that the tax revenues rise fast enough also, and we should put more money in education. -- Manmohan Singh
  • ...100% of what is collected is absorbed solely by interest on the Federal Debt...all individual income tax revenues are gone before one nickel is spent on the services taxpayers expect from government. -- Ronald Reagan
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