Political Quotes

Tim Scott: “The more you tax it, the less of it you get. Economics 101.”

On the recordJune 25, 2018
The more you tax it, the less of it you get. Economics 101.
Said by
Tim Scott
Republican · South Carolina

Editor's note · Context

Tim Scott explains that high capital gains taxes discourage investment.

Share

More from Tim Scott

Oct 8, 2026

American energy dominance requires more nuclear facilities and a modernized energy grid.

scott.senate.gov
Oct 8, 2026

Thank the good Lord there are no more hostages in Hamas captivity, but this battle of good versus evil is far from over.

scott.senate.gov
Oct 8, 2026

Keeping production at current levels would leave our country dependent on foreign energy sources, but by expanding nuclear energy here at home, America can power our future and pave our own way forward.

scott.senate.gov
Oct 10, 2026

I’ll continue standing up for American taxpayers and fighting to help them keep more of their hard-earned money where it belongs – in their pockets, not the government’s.

scott.senate.gov

Other voices in this conversation