It was an absurd theory that by cutting taxes you would increase government revenues, because the growth of the economy would create an overflow of taxes that would fall into the government coffers.
More Quotes from Sidney Blumenthal:
22 million new jobs under President Clinton. 3 million lost under Bush.Sidney Blumenthal
If Ken Starr is interested in the truth, he heard it today.
Sidney Blumenthal
If there were any clear investigation of 9/11, they wouldn't let Louie Freeh off the hook.
Sidney Blumenthal
We barely missed killing Bin Laden. There were numerous findings issued by the President to kill him. We rolled up terrorist cells. We stopped the millennium bombings.
Sidney Blumenthal
Every decision that they take has enormous consequences, and ripple out from the White House.
Sidney Blumenthal
Readers Who Like This Quotation Also Like:
Based on Topics: Government Quotes, Tax QuotesBased on Keywords: coffers, overflow
I'm a peaceful dude.
Method Man
As soon as the news of the Cabot voyages reached the King of Portugal he arranged to send an expedition of discovery to the far north-west, perhaps to find a northern sea route to Eastern Asia.
Harry Johnston
In order to remain true to oneself one ought to renounce one's party three times a day.
Jean Rostand