On the recordApril 17, 2007
It really befuddles me as to how our friends on the other side of the aisle can say that they need to raise taxes to raise revenue, because if you look at this chart, Madam Speaker, what you appreciate is that as revenues were going down in the early part of this decade, what the solution was, as it is always a solution, is to lower taxes and you allow people to keep more of their hard-earned money. You put more money back in the pockets of American people and what happens? The economy flourishes, and lo and behold we have a record $2.4 trillion of revenue to the Federal Government because of decreased taxes.
Source
govinfo.gov




