As a general principle, though, and following up on Mr. Woodall's comments as well, as a general principle, if you subsidize something, you get more of it; if you tax something, you get less of it.
James Lankford: “As a general principle, though, and following up on Mr. Woodall's comments as well, as a general principle, if you…”
On the recordFebruary 15, 2011
Source
congress.govEditor's note · Context
Lankford discusses the economic principle of subsidies and taxes affecting supply.
Share
More from James Lankford
Oct 1, 2026
Prison Fellowship has spent 50 years helping people understand that a mistake does not have to be the end of their story.
Sep 24, 2026
As the United States engages with Beijing, we cannot forget the millions who have suffered under the CCP or those who continue to live under its repression today.
Oct 8, 2026
In the Oct. 8 world, we each have the responsibility to call out antisemitism wherever we see it, to defend human dignity, and to speak out for the inherent right of religious liberty for all people.
Oct 8, 2026
The U.S. Constitution protects my right to call their rhetoric what it is — racist, ignorant, and antisemitic.





