Each time we have increased taxes by a dollar, studies show we have further increased spending by not $1, not an equal amount, but by $1.59. So we have driven ourselves with each new tax increase to solve our deficit problem, not taken ourselves out of debt, but put ourselves further into debt.
John Shadegg: “Each time we have increased taxes by a dollar, studies show we have further increased spending by not $1, not an equal…”
Editor's note · Context
Discussing the impact of tax increases on the deficit during a debate.
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Wait, the gentleman's telling me that never before in Federal law have we ordered people to buy a particular product, that we don't do that in Federal law as a routine matter?
Oh, the cost went up. Wait, the cost went up? They have forced everybody in Massachusetts, like this bill would do, to buy a health insurance plan on the premise that the cost would go down. But in Massachusetts where they did it, the cost…
No, we don't force people to do that. I guess we do say that if you want to drive in some places, you have to buy auto insurance to insure against damage to somebody else. Right?
Because of one word difference? One word difference. The Senate has already passed the Senate bill, the House has to pass that exact bill word for word. It can't have one word missing?





