Taxes Quotes

Every school child knows you don't raise taxes in a recession unless you want to make it worse.

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Editorial, The Wall Street Journal's arguing against Reagan’s TEFRA tax hike.
364908/04/1982 | Full Details | Law(s): Tax Equity and Fiscal Responsibility Act of 1982

The true purpose of the tax bill is to finance a further expansion of government. For all of the yelling and kicking, Congress still has done nothing serious to curb government spending. Therefore we have a swelling deficit. And because of the deficit, we’re told, taxes must go up.

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Editorial, The Wall Street Journal's arguing against Reagan’s TEFRA tax hike.
08/04/1982 | Full Details | Law(s): Tax Equity and Fiscal Responsibility Act of 1982

[There is] no doubt that it [TEFRA] will curb the economic recovery everyone wants.

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The U.S. Chamber of Commerce, 1982.
01/01/1982 | Full Details | Law(s): Tax Equity and Fiscal Responsibility Act of 1982