On the recordApril 2, 2008
Look at this chart. You can see what happened with Federal revenues in 2001, 2002. Look at what happened when we reduced taxes in 2001 and then again in 2003, and look what happened, how we took off with a growth in Federal revenues. It just shows you what happened when you reduce taxes, when the government takes less and allows individuals to make those decisions, what to do with that money. When government doesn't take first right of refusal on so much of that paycheck and allows our constituents to make those choices, you can see there are four straight years of increases there.
Source
govinfo.gov
