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November 16, 2005

Who said this?

April 14, 2008 02:46 PM EDT

views: 49 | rating: 10/10 (7 votes) | comments: 6

"an economy hampered by restrictive tax rates will never produce enough revenues to balance our budget — just as it will never produce enough jobs or enough profits"

"In short, it is a paradoxical truth that tax rates are too high today and tax revenues are too low and the soundest way to raise the revenues in the long run is to cut the rates now."

"The purpose of cutting taxes now is not to incur a budget deficit, but to achieve the more prosperous, expanding economy which can bring a budget surplus."

ANSWER HERE

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Comments: 6

Larry M. Apr 14, 2008, 3:16pm EDT

Let's see. It must have been some rich person. Probably someone whose wealth was acquired in the previous generation or so and had not yet worked out enough ways to get around paying taxes as the older monied families had. Someone who became famous. You probably wouldn't ask if the answer were obvious.