Political Quotes

Jerry Nadler: “The real problem is that tax revenues have declined from 20\1/2\ percent of GDP in 2000 to 14\1/2\ percent of GDP…”

On the recordJuly 19, 2011
The real problem is that tax revenues have declined from 20\1/2\ percent of GDP in 2000 to 14\1/2\ percent of GDP because we no longer tax the millionaires, the billionaires and the large corporations the way we used to. Let's start doing that, and we can have a balanced budget without phoney constitutional amendments which promise balanced budgets, without showing how, but that do protect the millionaires from paying their fair share.
Said by
Jerry Nadler
Democratic · New York
Source
govinfo.gov
Jul 19, 2011

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