Political Quotes

“I think it begs the question in that, by cutting taxes, you are going to lower gross tax revenues, and that has been a discussion we have all had for many years. I know in places like Indiana--and we just had it occur here with the Tax Cuts and Jobs Act at the Federal level--that the CBO--and I was working with it--was getting close to saying its original forecast of when you had a tax cut, which was $1.5 trillion over 10 years, $150 billion per year, wasn't working out that way because there is the phenomenon called: When you find the sweet spot of taxation, you can cut taxes and generate more revenue. Then you penalize a good fiscal move by the way you are interpreting your reading. I am willing to get into the nuance to see if that would muster that particular case, but I don't think it would.”