Political Quotes

On the recordJanuary 14, 2009
We are definitive on the economic analysis that you have laid out. It is stark, it's clear, the lines vertical there on each one of those charts that you've showed. But what it really reflects is the sociology of human nature. When human nature concludes that if they work and earn and someone else gets the proceeds of that, if someone else gets the benefit of the labor, then the reward for the labor is diminished; that means there's less labor that gets done. And as people figure that out, as the tax rates go up, the conclusion is I'll risk less capital and I'll put less effort in, and I'll spend more time with my family or my golf clubs or my fishing pole. That equation is demonstrated there in the red and in the green vertical bars that you have. And in the end, our effort again is back to get the maximum increase and get the maximum annual average productivity out of every American at the same time quality of life.
Said by
Steve King
Republican · Iowa

Editor's note · Context

Discussing the impact of taxation on labor and productivity.

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