Political Quotes

Lee Terry: “I think it exemplifies why all three of us ran for this office and why we fight to come back every year, is to stop that…”

On the recordJune 5, 2002
I think it exemplifies why all three of us ran for this office and why we fight to come back every year, is to stop that type of mentality, which is 'we need more money, more money, more money.' So when we try and reduce spending here by reducing taxation, because it is the only principle here, that budgets fill the money that we have, that if we tax more, we will spend more, but if we tax less, we will spend less, it is a simple proposition. So of the greater taxing policies of the Nation, I think it is important that we realize the simple premise that the more money we take in from people, the more we are going to spend.
Said by
Lee Terry
Nebraska
Source
govinfo.gov

Editor's note · Context

Discussing the implications of the death tax and taxation policy during a House floor speech.

Share

Share on XShare on FacebookEmail this quote

More from Lee Terry

Dec 10, 2014

And particularly Venezuelan oil bothers me, but do we have a geopolitical responsibility to allow some importation of Venezuelan oil?

congress.gov
Jun 18, 2014

Bad news is they are completely panicked in how to actually do the plan and how to actually meet the 26 percent mandated reduction.

congress.gov
Apr 30, 2014

I am intending, Mr. Chairman, to withdraw this amendment at the end of the gentleman's 5 minutes; but I do want to encourage General, Secretary Shinseki to actually sit down and listen to these options. We are not there to berate him or…

govinfo.gov
Apr 30, 2014

The Secretary mentioned he was open to the language that you have inserted, which is a great step forward. Was he open to actually meeting with the delegation on the options that our community is putting forward?

govinfo.gov
View all Lee Terry quotes

Other voices in this conversation