Revenues should be increased not by increasing the tax rates on the individual but by building a bigger economy for everybody.
It is essential to reduce taxes on employment and wealth creation in order to enhance our economy's competitiveness. But I don't think it's sensible today to write a Conservative budget … with specific pledges on tax reduction.
In a scheme of policy which is devised for a nation, we should not limit our views to the operation during a single year, or even a short term of years. We should look at its operation for a considerable time.
Throughout the 40 years I've been in Washington, I've always worked hard, particularly with regards to the budget issues.
I've got an extreme bias toward governors... they know what it's like to make hard decisions. They know what it's like to actually balance a budget - have a budget, first of all, and have a balanced budget.
Mr. David Stockman has said that supply-side economics was merely a cover for the trickle-down approach to economic policy — what an older and less elegant generation called the horse-and-sparrow theory: If you feed the horse enough oats, some will pass through to the road for the sparrows.
My hope is that we're going to be more strategic and focused as we look for a way to address the long-term deficit and debt issues that are affecting this nation.
No one, however long they have held the post, lightly gives up the great office of Chancellor of the Exchequer. Certainly I did not.
I think that [Barack Obama] does say something that's - that is telling on that score, when he talks about the [George W.] Bush tax cuts and the swap he makes after the midterm elections, which is he doesn't agree with the Bush tax cuts.
The reason we have such a reform budget is because we've been thinking about these things for a long time.
The budget is not just a collection of numbers, but an expression of our values and aspirations.
Monetary policy suffers from the unfortunate absence of any occult effect. It has long been clear that economic management...would be greatly facilitated if resort could occasionally be had to witchcraft.
The kind of plan that Donald [Tramp] has put forth would be trickle-down economics all over again. In fact, it would be the most extreme version, the biggest tax cuts for the top percent of the people in this country than we've ever had.
Budgets are blueprints and priorities.
We can’t just run the government on political rhetoric and ideology.
Let not his mode of raising cash seem strange, Although he fleeced the flags of every nation, For into a prime minister but change His title, and 'tis nothing but taxation.
I call it [Donald's Trump plan] trumped-up trickle-down, because that's exactly what it would be. That is not how we grow the economy.
