Political Quotes

Angus King: “If you cut taxes when you are in a deficit situation and borrow to make up the difference, all you are really doing is…”

On the recordJanuary 27, 2015
If you cut taxes when you are in a deficit situation and borrow to make up the difference, all you are really doing is shifting that tax to the next generation.
Said by
Angus King
Independent · Maine

Editor's note · Context

King reflects on the implications of tax cuts during deficit periods.

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