Patrick Toomey actually said...

the negative impact from higher taxes exceeds the revenue benefit to the Government from an increase in taxes.

Toomey argues that higher taxes can harm the economy more than they help government revenue.

01/06/2011

More Patrick Toomey Quotes

I think this is a manifestation of the adverse selection that some of us were afraid was going to occur.

Taxpayers have put $1.5 billion into the CO-OPs that have failed. That money is just gone.

I think that is exactly the right approach. I want to thank you for that.

So something like 70 percent have already failed. I am told to expect there will be more failures.