Political Quotes

“Mr. Speaker, supporters of low taxes and limited government should enthusiastically embrace most of the principles of tax reform laid out in H.R. 6169. However, one tax reform principle contained in this bill contradicts the goal we all share, namely lowering the American people's tax burden. I'm referring to the bill's finding that seems to imply tax reform should aim to maintain federal tax revenue at 18-19% of Gross Domestic Product (GDP). The historical average of tax rates as a percentage of GDP in the post World War Two era is 17.7%. Thus, the current tax bill says that the total amount the federal government takes from the American people should be higher than the amount the government took during the time when the federal government was fighting the Cold War and establishing the programs of the so-called Great Society! Of course, this is reasonable only if one assumes Congress will never, or should never, consider reducing the federal government's size and scope. H.R. 6169 is thus further proof that if one is serious about reducing taxes one must be willing to reduce federal spending in all areas. Instead of trying to ensure that the federal tax collection is set at a level to ensure a perpetual stream of revenue for the welfare-warfare state, Congress should stop spending trillions on an interventionist foreign policy, shut down unconstitutional federal bureaucracies, and begin to wind down federal welfare and entitlement programs.…”