Jon Corzine Quotes
It is my absolute intent to hold the line on taxes.
Corzine, Jon. Quoted in "Corzine Campaigns on Taxes." The New York Times, The New York Times Company, 25 Oct. 2005.
This is the most articulate historical statement of the modern conservative mantra regarding taxes. However, one change has taken place. The words “necessarily” and “often” tend to be left out of the more modern ideological statements. Mellon’s original statement has never really had any politicians or economists who disagreed. Politicians of all economic persuasions have generally accepted the Mellon statement but the extreme conservatives’ creed is that a lowering of taxes always produces more revenue and a tax increase will inevitably lead to greater tax revenue—a position which Mellon never took. Mellon however was very solicitous of the wealthy, felt the welfare of the nation depended on their prosperity, and was a strong advocate of what was later called ‘trickle down’ economics {628592}.
Jon Stevens Corzine is an American financial executive and retired politician who served as a United States Senator from New Jersey from 2001 to 2006 and the 54th Governor of New Jersey from 2006 to 2010. A member of the Democratic Party, he previously worked at Goldman Sachs; after leaving politics, he was CEO of MF Global from 2010 until its collapse in 2011.
